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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Euro/Moldovan Leu (FOREX:EURMDL)
Bear Market Rally (-75) - EURMDL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURMDL as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EURMDL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMDL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURMDL
The long-term trend has been DOWN since Oct 3rd, 2023 at 19.191
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 19.225
The short-term trend has been UP since Apr 25th, 2024 at 19.069
Smart Scan Analysis for EURMDL
Based on our trend formula, EURMDL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.101 | 19.101 | 19.101 | 19.101 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.101 | 2024-04-25 21:00:52 |