Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
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 UP since Dec 11th, 2023 at 5.8099112
The intermediate-term trend has been DOWN since Feb 20th, 2024 at 5.8037308
The short-term trend has been DOWN since Mar 21st, 2024 at 5.8065533
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 |
---|---|---|---|---|
5.8036522 | 5.8249424 | 5.8036522 | 5.8248742 | +0.0212220 |
Prev. Close | Volume | Bid | Ask | Time |
5.8232711 | 2024-03-28 23:30:00 |