Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 19, 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MDLGBP
The long-term trend has been DOWN since Feb 1st, 2024 at 0.04440006
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.04455103
The short-term trend has been UP since Apr 16th, 2024 at 0.04482041
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04507329 | 0.04507329 | 0.04507329 | 0.04507329 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04507329 | 2024-04-17 19:38:09 |