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Forex Trend Analysis Report
Prepared for you on Wednesday, March 12, 2025.
British Pound/Romanian Leu (FOREX:GBPRON)
Long-Term Downtrend (-90) - GBPRON is in a strong downtrend that is likely to continue. While GBPRON is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for GBPRON
The long-term trend has been DOWN since Jan 14th, 2025 at 5.8943097
The intermediate-term trend has been DOWN since Mar 5th, 2025 at 5.9581014
The short-term trend has been DOWN since Mar 4th, 2025 at 6.0219613
Smart Scan Analysis for GBPRON
Based on our trend formula, GBPRON is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.9041733 | 5.9221507 | 5.8964958 | 5.9053277 | +0.0011540 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.9041733 | 2025-03-12 11:20:57 |