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Forex Trend Analysis Report

Prepared for you on Monday, June 5, 2023.

Moldovan Leu/British Pound (FOREX:MDLGBP)

Weak Uptrend (+65) - MDLGBP is showing signs of weakening momentum to the upside. Monitor MDLGBP as it may be in the beginning stages of a reversal.

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
0.0453248 0.0453248 0.0453248 0.0453248 0.0000000
Entry Signal

MarketClub’s Trade Triangles for MDLGBP

long term up The long-term trend has been UP since Mar 8th, 2023 at 0.04475853

intermediate term up The intermediate-term trend has been UP since May 17th, 2023 at 0.04491138

short term down The short-term trend has been DOWN since May 26th, 2023 at 0.04531658

Smart Scan Analysis for MDLGBP

Based on our trend formula, MDLGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for MDLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0453248 0.0453248 0.0453248 0.0453248 0.0000000
Prev. Close Volume Bid Ask Time
0.0453248 2023-06-05 07:26:58
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