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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Moldovan Leu/British Pound (FOREX:MDLGBP)

Countertrend Up (+85) - MDLGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.04235107 0.04235781 0.04235107 0.04235781 +0.00000700
Entry Signal

MarketClub’s Trade Triangles for MDLGBP

long term up The long-term trend has been UP since Jul 19th, 2021 at 0.04060143

intermediate term up The intermediate-term trend has been UP since Sep 22nd, 2021 at 0.04136111

short term up The short-term trend has been UP since Sep 21st, 2021 at 0.04117030

Smart Scan Analysis for MDLGBP

Based on our trend formula, MDLGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for MDLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04235107 0.04235781 0.04235107 0.04235781 +0.00000700
Prev. Close Volume Bid Ask Time
0.04223133 2021-10-12 21:08:36
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