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Forex Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

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.

FOREX_GBPRON
Open High Low GBPRON Price Change
5.8665861 5.8666967 5.8318755 5.8380099 -0.0285760
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 Nov 17th, 2021 at 5.8874134

short term down The short-term trend has been DOWN since Nov 23rd, 2021 at 5.8777253

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).

+55
Smart Scan Analysis for GBPRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.8665861 5.8666967 5.8318755 5.8380099 -0.0285760
Prev. Close Volume Bid Ask Time
5.8665861 2021-11-26 16:56:44
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