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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
British Pound/Moldovan Leu (FOREX:GBPMDL)
Bear Market Rally (-75) - GBPMDL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPMDL as it may be in the beginning 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 DOWN since Apr 22nd, 2024 at 22.084942
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 22.451637
The short-term trend has been UP since Apr 25th, 2024 at 22.156252
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 |
|---|---|---|---|---|
| 22.231552 | 22.231552 | 22.231552 | 22.231552 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.231552 | 2024-04-26 07:26:04 |