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Forex Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

British Pound/Moldovan Leu (FOREX:GBPMDL)

Sidelines Mode (+50) - GBPMDL is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPMDL can gain momentum.

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
22.670116 22.670116 22.670116 22.670116 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPMDL

long term down The long-term trend has been DOWN since Mar 4th, 2020 at 22.371339

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2020 at 21.499281

short term up The short-term trend has been UP since Apr 1st, 2020 at 21.135778

Smart Scan Analysis for GBPMDL

Based on our trend formula, GBPMDL is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GBPMDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.670116 22.670116 22.670116 22.670116 0.000000
Prev. Close Volume Bid Ask Time
22.981518 22.330507 23.009724 2020-04-01 07:17:54
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