Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
British Pound/Moldovan Leu (FOREX:GBPMDL)
Countertrend Down (-85) - GBPMDL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPMDL
The long-term trend has been DOWN since Jan 8th, 2025 at 22.936271
The intermediate-term trend has been DOWN since Jan 8th, 2025 at 23.097964
The short-term trend has been UP since Jan 19th, 2025 at 22.931603
Smart Scan Analysis for GBPMDL
Based on our trend formula, GBPMDL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.02894 | 23.02894 | 23.02894 | 23.02894 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.90534 | 2025-01-19 11:30:04 |