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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.

FOREX_GBPMDL
Open High Low GBPMDL Price Change
24.028549 24.028549 24.028549 24.028549 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPMDL

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 24.634517

intermediate term up The intermediate-term trend has been UP since Oct 24th, 2021 at 23.714326

short term up 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).

-60
Smart Scan Analysis for GBPMDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.028549 24.028549 24.028549 24.028549 0.000000
Prev. Close Volume Bid Ask Time
24.028549 2021-10-24 21:08:27
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