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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

British Pound/Moldovan Leu (FOREX:GBPMDL)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_GBPMDL
Open High Low GBPMDL Price Change
21.2105 21.2105 21.2105 21.2105 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPMDL

long term down The long term trend has been DOWN since Jul 3rd, 2019 at 22.6745

intermediate term down The intermediate term trend has been DOWN since Jul 2nd, 2019 at 22.8705

short term down The short term trend has been DOWN since Aug 11th, 2019 at 21.6345

Smart Scan Analysis for GBPMDL

Based on a pre-defined weighted trend formula for chart analysis, GBPMDL scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GBPMDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.2105 21.2105 21.2105 21.2105 0.0000
Prev. Close Volume Bid Ask Time
21.2105 20.8840 21.5370 2019-08-15 21:07:50
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