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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 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.

FOREX_MDLGBP
Open High Low MDLGBP Price Change
0.04507329 0.04507329 0.04507329 0.04507329 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MDLGBP

long term down The long-term trend has been DOWN since Feb 1st, 2024 at 0.04440006

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.04455103

short term up 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).

+60
Smart Scan Analysis for MDLGBP
Strong Downtrend Sideways 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
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