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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
British Pound/Romanian Leu (FOREX:GBPRON)
Strong Uptrend (+100) - GBPRON is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPRON 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 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.
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MarketClub’s Trade Triangles for GBPRON
The long-term trend has been UP since Aug 30th, 2024 at 5.9284683
The intermediate-term trend has been UP since Nov 8th, 2024 at 5.9929460
The short-term trend has been UP since Nov 20th, 2024 at 5.9704286
Smart Scan Analysis for GBPRON
Based on our trend formula, GBPRON is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.9688030 | 5.9789380 | 5.9683377 | 5.9789380 | +0.0101350 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.9688030 | 2024-11-21 06:50:11 |