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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Moldovan Leu/British Pound (FOREX:MDLGBP)

Crossroads (-60) - MDLGBP 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 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.

FOREX_MDLGBP
Open High Low MDLGBP Price Change
0.04339832 0.04339832 0.04339832 0.04339832 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MDLGBP

long term down The long-term trend has been DOWN since Jun 10th, 2024 at 0.04400504

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2024 at 0.04296872

short term up The short-term trend has been UP since Oct 9th, 2024 at 0.04325776

Smart Scan Analysis for MDLGBP

Based on our trend formula, MDLGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MDLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04339832 0.04339832 0.04339832 0.04339832 0.00000000
Prev. Close Volume Bid Ask Time
0.04339832 2024-11-20 19:11:54
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