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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Moldovan Leu/British Pound (FOREX:MDLGBP)

Bear Market Rally (-75) - MDLGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MDLGBP as it may be in the beginning of a reversal.

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
0.04112484 0.04112484 0.04112484 0.04112484 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MDLGBP

long term down The long-term trend has been DOWN since Oct 13th, 2020 at 0.04527489

intermediate term down The intermediate-term trend has been DOWN since Feb 4th, 2021 at 0.04196642

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.04095293

Smart Scan Analysis for MDLGBP

Based on our trend formula, MDLGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MDLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04112484 0.04112484 0.04112484 0.04112484 0.00000000
Prev. Close Volume Bid Ask Time
0.04112484 2021-02-26 07:19:58
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