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Forex Trend Analysis Report
Prepared for you on Wednesday, March 12, 2025.
Romanian Leu/South African Rand (FOREX:RONZAR)
Strong Uptrend (+100) - RONZAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RONZAR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid RONZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for RONZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RONZAR
The long-term trend has been UP since Mar 6th, 2025 at 3.9822313
The intermediate-term trend has been UP since Mar 2nd, 2025 at 3.9054276
The short-term trend has been UP since Feb 25th, 2025 at 3.8791127
Smart Scan Analysis for RONZAR
Based on our trend formula, RONZAR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.9988226 | 4.0018659 | 3.9977383 | 4.0002238 | +0.0014010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.9988226 | 2025-03-12 00:42:39 |