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Forex Trend Analysis Report

Prepared for you on Sunday, September 23, 2018.

Moldovan Leu/Euro (FOREX:MDLEUR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_MDLEUR
Open High Low MDLEUR Price Change
0.05047 0.05047 0.05047 0.05047 0.00000
Entry Signal

MarketClub’s Trade Triangles for MDLEUR

long term up The long term trend has been UP since Apr 3rd, 2018 at 0.049450

intermediate term down The intermediate term trend has been DOWN since Aug 27th, 2018 at 0.051260

short term down The short term trend has been DOWN since Sep 11th, 2018 at 0.051225

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).

-70
Smart Scan Analysis for MDLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05047 0.05047 0.05047 0.05047 0.00000
Prev. Close Volume Bid Ask Time
0.05047 0.05034 0.05060 2018-09-22 04:15:31
Want to analyze Moldovan Leu/Euro MDLEUR or another symbol? Try our Free Forex Trend Analysis Report.