Forex Trend Analysis Report
Prepared for you on Tuesday, August 4, 2020.
Moldovan Leu/British Pound (FOREX:MDLGBP)
Weak Downtrend (-65) - MDLGBP is showing signs of a strengthening downtrend. Monitor MDLGBP as it may be building momentum to the downside.
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 Mar 4th, 2020 at 0.04471100
The intermediate-term trend has been DOWN since Jul 27th, 2020 at 0.04629930
The short-term trend has been DOWN since Jul 27th, 2020 at 0.04638211
Smart Scan Analysis for MDLGBP
Based on our trend formula, MDLGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).