Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Moldovan Leu/US Dollar (FOREX:MDLUSD)
Weak Downtrend (-65) - MDLUSD is showing signs of a strengthening downtrend. Monitor MDLUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MDLUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MDLUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MDLUSD
The long-term trend has been DOWN since Apr 19th, 2024 at 0.055885
The intermediate-term trend has been DOWN since Mar 21st, 2024 at 0.056070
The short-term trend has been DOWN since May 7th, 2024 at 0.056450
Smart Scan Analysis for MDLUSD
Based on our trend formula, MDLUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.056260 | 0.056595 | 0.056115 | 0.056595 | +0.000335 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.056260 | 2024-05-08 22:55:00 |