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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

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.

FOREX_GBPMDL
Open High Low GBPMDL Price Change
23.294736 23.294736 23.294736 23.294736 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPMDL

long term down The long-term trend has been DOWN since Apr 8th, 2022 at 23.992158

intermediate term up The intermediate-term trend has been UP since Aug 1st, 2022 at 23.103993

short term down The short-term trend has been DOWN since Aug 9th, 2022 at 23.392610

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).

-75
Smart Scan Analysis for GBPMDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.294736 23.294736 23.294736 23.294736 0.000000
Prev. Close Volume Bid Ask Time
23.294736 2022-08-10 07:20:31
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