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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
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.
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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 DOWN since Nov 8th, 2024 at 23.278347
The short-term trend has been DOWN since Oct 9th, 2024 at 23.122797
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.047988 | 23.047988 | 23.047988 | 23.047988 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.047988 | 2024-11-20 19:11:54 |