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Forex Trend Analysis Report

Prepared for you on Wednesday, July 15, 2020.

Moldovan Leu/British Pound (FOREX:MDLGBP)

Countertrend Up (+85) - MDLGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_MDLGBP
Open High Low MDLGBP Price Change
0.04668275 0.04668275 0.04668275 0.04668275 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MDLGBP

long term up The long-term trend has been UP since Mar 4th, 2020 at 0.04471100

intermediate term up The intermediate-term trend has been UP since Jun 22nd, 2020 at 0.04622085

short term up The short-term trend has been UP since Jul 13th, 2020 at 0.04641300

Smart Scan Analysis for MDLGBP

Based on our trend formula, MDLGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for MDLGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04668275 0.04668275 0.04668275 0.04668275 0.00000000
Prev. Close Volume Bid Ask Time
0.04668275 0.04595988 0.04740562 2020-07-13 21:06:19
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