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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

British Pound/Moldovan Leu (FOREX:GBPMDL)

Weak Downtrend (-65) - GBPMDL is showing signs of a strengthening downtrend. Monitor GBPMDL as it may be building momentum to the downside.

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
22.347751 22.347751 22.347751 22.347751 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPMDL

long term up The long-term trend has been UP since Feb 1st, 2024 at 22.527901

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 22.451637

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 22.609164

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
22.347751 22.347751 22.347751 22.347751 0.000000
Prev. Close Volume Bid Ask Time
22.347751 2024-03-28 02:42:08
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