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Forex Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

British Pound/Romanian Leu (FOREX:GBPRON)

Bull Market Weakness (+75) - GBPRON is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPRON as it may be in the beginning stages of a reversal.

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
5.9094902 5.9278171 5.9078743 5.9208241 +0.0113340
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 down The intermediate-term trend has been DOWN since Jan 24th, 2022 at 5.8806717

short term up The short-term trend has been UP since Jan 26th, 2022 at 5.9178315

Smart Scan Analysis for GBPRON

Based on our trend formula, GBPRON is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.9094902 5.9278171 5.9078743 5.9208241 +0.0113340
Prev. Close Volume Bid Ask Time
5.9094902 2022-01-26 18:17:02
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