Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, October 21, 2017.

Moldovan Leu/Euro (FOREX:MDLEUR)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_MDLEUR
Open High Low MDLEUR Price Change
0.04893 0.04899 0.04876 0.04896 +0.00003
Entry Signal

MarketClub’s Trade Triangles for MDLEUR

long term up The long term trend has been UP since Oct 6th, 2017 at 0.048730

intermediate term up The intermediate term trend has been UP since Sep 14th, 2017 at 0.047755

short term up The short term trend has been UP since Oct 16th, 2017 at 0.048675

Smart Scan Analysis for MDLEUR

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

+100
Smart Scan Analysis for MDLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04893 0.04899 0.04876 0.04896 +0.00003
Prev. Close Volume Bid Ask Time
0.04893 0.04884 0.04908 2017-10-20 17:35:45
Want to analyze Moldovan Leu/Euro MDLEUR or another symbol? Try our Free Forex Trend Analysis Report.