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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Moldovan Leu/British Pound (FOREX:MDLGBP)
Countertrend Down (-85) - MDLGBP 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 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.
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MarketClub’s Trade Triangles for MDLGBP
The long-term trend has been DOWN since Jun 10th, 2024 at 0.04400504
The intermediate-term trend has been DOWN since Dec 4th, 2024 at 0.04328547
The short-term trend has been UP since Dec 15th, 2024 at 0.04305778
Smart Scan Analysis for MDLGBP
Based on our trend formula, MDLGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04327405 | 0.04327405 | 0.04327405 | 0.04327405 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04255434 | 2024-12-24 21:00:04 |