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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

British Pound/Romanian Leu (FOREX:GBPRON)

Strong Uptrend (+100) - GBPRON is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPRON continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
5.8462811 5.8508758 5.8462811 5.8508758 +0.0045950
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 Oct 7th, 2021 at 5.8208358

short term up The short-term trend has been UP since Oct 13th, 2021 at 5.8408594

Smart Scan Analysis for GBPRON

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

+100
Smart Scan Analysis for GBPRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.8462811 5.8508758 5.8462811 5.8508758 +0.0045950
Prev. Close Volume Bid Ask Time
5.8462811 2021-10-19 01:37:45
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