Forex Trend Analysis Report
Prepared for you on Tuesday, March 20, 2018.
Moldovan Leu/Euro (FOREX:MDLEUR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.
MarketClub’s Trade Triangles for MDLEUR
The long term trend has been DOWN since Jan 30th, 2018 at 0.047765
The intermediate term trend has been UP since Feb 6th, 2018 at 0.048810
The short term trend has been UP since Mar 15th, 2018 at 0.049140
Smart Scan Analysis for MDLEUR
Based on a pre-defined weighted trend formula for chart analysis, MDLEUR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).