Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
British Pound/Moldovan Leu (FOREX:GBPMDL)
Crossroads (-60) - GBPMDL 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 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 Jul 19th, 2021 at 24.634517
The intermediate-term trend has been UP since Oct 24th, 2021 at 23.714326
The short-term trend has been UP since Oct 24th, 2021 at 23.736795
Smart Scan Analysis for GBPMDL
Based on our trend formula, GBPMDL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).