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.
MarketClub’s Trade Triangles for MDLGBP
The long-term trend has been UP since Apr 8th, 2022 at 0.04168966
The intermediate-term trend has been DOWN since Aug 1st, 2022 at 0.04329263
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).