Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Moldovan Leu/British Pound (FOREX:MDLGBP)
Countertrend Up (+85) - MDLGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MDLGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MDLGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MDLGBP
The long-term trend has been UP since Jul 19th, 2021 at 0.04060143
The intermediate-term trend has been UP since Sep 22nd, 2021 at 0.04136111
The short-term trend has been UP since Sep 21st, 2021 at 0.04117030
Smart Scan Analysis for MDLGBP
Based on our trend formula, MDLGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).