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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

British Pound/Romanian Leu (FOREX:GBPRON)

Weak Uptrend (+65) - GBPRON is showing signs of weakening momentum to the upside. Monitor GBPRON as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPRON?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPRON.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPRON
Open High Low GBPRON Price Change
5.4639025 5.4667190 5.4212801 5.4234365 -0.0404660
Entry Signal

MarketClub’s Trade Triangles for GBPRON

long term up The long-term trend has been UP since Nov 10th, 2020 at 5.4610133

intermediate term up The intermediate-term trend has been UP since Oct 12th, 2020 at 5.3944236

short term down The short-term trend has been DOWN since Nov 27th, 2020 at 5.4530299

Smart Scan Analysis for GBPRON

Based on our trend formula, GBPRON is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.4639025 5.4667190 5.4212801 5.4234365 -0.0404660
Prev. Close Volume Bid Ask Time
5.4639025 2020-11-27 17:18:55
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