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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Moldovan Leu/British Pound (FOREX:MDLGBP)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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_MDLGBP
Open High Low MDLGBP Price Change
0.045426 0.045426 0.045426 0.045426 0.000000
Entry Signal

MarketClub’s Trade Triangles for MDLGBP

long term down The long term trend has been DOWN since Jan 31st, 2019 at 0.044618

intermediate term up The intermediate term trend has been UP since Feb 12th, 2019 at 0.045314

short term up The short term trend has been UP since Feb 5th, 2019 at 0.044852

Smart Scan Analysis for MDLGBP

Based on a pre-defined weighted trend formula for chart analysis, MDLGBP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for MDLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.045426 0.045426 0.045426 0.045426 0.000000
Prev. Close Volume Bid Ask Time
0.045426 0.044719 0.046132 2019-02-17 20:18:04
Want to analyze Moldovan Leu/British Pound MDLGBP or another symbol? Try our Free Forex Trend Analysis Report.