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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
British Pound/Romanian Leu (FOREX:GBPRON)
Crossroads (+60) - GBPRON is struggling to move into a solid trend. Beware of choppy markets 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.
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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 UP since Feb 3rd, 2025 at 5.9560896
The short-term trend has been UP since Jan 23rd, 2025 at 5.8971032
Smart Scan Analysis for GBPRON
Based on our trend formula, GBPRON is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.9927024 | 5.9927024 | 5.9784737 | 5.9826769 | -0.0100250 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.9927024 | 2025-02-04 21:00:20 |