Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Moldovan Leu (FOREX:GBPMDL)
Bull Market Weakness (+75) - GBPMDL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPMDL as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for GBPMDL
The long-term trend has been UP since Jun 10th, 2024 at 22.730128
The intermediate-term trend has been UP since May 14th, 2024 at 22.276236
The short-term trend has been DOWN since Jul 26th, 2024 at 22.884290
Smart Scan Analysis for GBPMDL
Based on our trend formula, GBPMDL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.840549 | 22.840549 | 22.838519 | 22.838519 | -0.002030 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.840549 | 2024-07-26 14:00:14 |