Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
British Pound/Romanian Leu (FOREX:GBPRON)
Sidelines Mode (+55) - GBPRON is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
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 DOWN since Dec 20th, 2024 at 5.9925333
Smart Scan Analysis for GBPRON
Based on our trend formula, GBPRON is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.9885918 | 5.9956621 | 5.9885918 | 5.9885918 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.9885918 | 2024-12-21 08:23:54 |