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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Moldovan Leu/British Pound (FOREX:MDLGBP)

Sidelines Mode (+55) - MDLGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.0429381 0.0429381 0.0429381 0.0429381 0.0000000
Entry Signal

MarketClub’s Trade Triangles for MDLGBP

long term up The long-term trend has been UP since Apr 8th, 2022 at 0.04168966

intermediate term down The intermediate-term trend has been DOWN since Aug 1st, 2022 at 0.04329263

short term up The short-term trend has been UP since Aug 10th, 2022 at 0.04287158

Smart Scan Analysis for MDLGBP

Based on our trend formula, MDLGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MDLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0429381 0.0429381 0.0429381 0.0429381 0.0000000
Prev. Close Volume Bid Ask Time
0.0429381 2022-08-10 07:20:31
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