Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Romanian Leu (FOREX:GBPRON)
Weak Uptrend (+65) - GBPRON is showing signs of weakening momentum to the upside. Monitor 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.
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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 UP since Jul 11th, 2024 at 5.9109317
The short-term trend has been DOWN since Jul 25th, 2024 at 5.8961979
Smart Scan Analysis for GBPRON
Based on our trend formula, GBPRON is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
5.8871727 | 5.8950626 | 5.8839787 | 5.8900409 | +0.0028680 |
Prev. Close | Volume | Bid | Ask | Time |
5.8871727 | 2024-07-26 17:00:05 |