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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

British Pound/Romanian Leu (FOREX:GBPRON)

Weak Downtrend (-65) - GBPRON is showing signs of a strengthening downtrend. Monitor GBPRON as it may be building momentum to the downside.

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
5.4299995 5.4971556 5.4232322 5.4816353 +0.0516360
Entry Signal

MarketClub’s Trade Triangles for GBPRON

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 5.5596729

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2020 at 5.5972327

short term up The short-term trend has been UP since Mar 20th, 2020 at 5.3418954

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
5.4299995 5.4971556 5.4232322 5.4816353 +0.0516360
Prev. Close Volume Bid Ask Time
5.4299995 5.4787994 5.4844711 2020-04-01 14:44:36
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