Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
British Pound/Moldovan Leu (FOREX:GBPMDL)
Long-Term Downtrend (-90) - GBPMDL is in a strong downtrend that is likely to continue. While GBPMDL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPMDL?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMDL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPMDL
The long-term trend has been DOWN since Apr 13th, 2024 at 22.084942
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 22.451637
The short-term trend has been DOWN since Apr 13th, 2024 at 22.316755
Smart Scan Analysis for GBPMDL
Based on our trend formula, GBPMDL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.009838 | 22.009838 | 22.009838 | 22.009838 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.015747 | 2024-04-13 18:02:06 |