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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Moldovan Leu/British Pound (FOREX:MDLGBP)
Strong Uptrend (+100) - MDLGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MDLGBP 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 MDLGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MDLGBP.
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 MDLGBP
The long-term trend has been UP since Apr 22nd, 2024 at 0.04529082
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.04455103
The short-term trend has been UP since May 8th, 2024 at 0.04509843
Smart Scan Analysis for MDLGBP
Based on our trend formula, MDLGBP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04542915 | 0.04542915 | 0.04542915 | 0.04542915 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04542915 | 2024-05-09 07:26:26 |