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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 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.

FOREX_MDLGBP
Open High Low MDLGBP Price Change
0.04412084 0.04412084 0.04412084 0.04412084 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MDLGBP

long term up The long-term trend has been UP since Mar 4th, 2020 at 0.04471100

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2020 at 0.04652420

short term down The short-term trend has been DOWN since Apr 1st, 2020 at 0.04732439

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).

-70
Smart Scan Analysis for MDLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04412084 0.04412084 0.04412084 0.04412084 0.00000000
Prev. Close Volume Bid Ask Time
0.04412084 0.04345989 0.04478179 2020-04-01 07:17:54
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