Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

British Pound/Moldovan Leu (FOREX:GBPMDL)

Bull Market Weakness (+75) - GBPMDL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPMDL as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPMDL?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMDL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPMDL
Open High Low GBPMDL Price Change
22.567472 22.567472 22.567472 22.567472 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPMDL

long term down The long-term trend has been DOWN since Apr 22nd, 2024 at 22.084942

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 22.276236

short term up The short-term trend has been UP since May 12th, 2024 at 22.224034

Smart Scan Analysis for GBPMDL

Based on our trend formula, GBPMDL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPMDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.567472 22.567472 22.567472 22.567472 0.000000
Prev. Close Volume Bid Ask Time
22.567472 2024-05-25 06:03:50
Get a free daily analysis and signals for British Pound/Moldovan Leu (GBPMDL) - Request Your Free Report.