Forex Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
British Pound/Moldovan Leu (FOREX:GBPMDL)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GBPMDL
The long term trend has been UP since Jan 31st, 2019 at 22.4180
The intermediate term trend has been DOWN since May 19th, 2019 at 22.9730
The short term trend has been UP since May 24th, 2019 at 22.8455
Smart Scan Analysis for GBPMDL
Based on a pre-defined weighted trend formula for chart analysis, GBPMDL scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).