Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
British Pound/Romanian Leu (FOREX:GBPRON)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for GBPRON
The long term trend has been UP since Sep 19th, 2019 at 5.3829500
The intermediate term trend has been UP since Jan 22nd, 2020 at 5.6607655
The short term trend has been UP since Jan 22nd, 2020 at 5.6267074
Smart Scan Analysis for GBPRON
Based on a pre-defined weighted trend formula for chart analysis, GBPRON scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.6768004 | 5.6826814 | 5.6677969 | 5.6677969 | -0.0090040 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.6768004 | 5.6648331 | 5.6707606 | 2020-01-24 17:04:24 |