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Forex Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

Moldovan Leu/Euro (FOREX:MDLEUR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
0.047635 0.047965 0.047565 0.047735 +0.000100
Entry Signal

MarketClub’s Trade Triangles for MDLEUR

long term down The long term trend has been DOWN since Jul 21st, 2017 at 0.047370

intermediate term up The intermediate term trend has been UP since Aug 15th, 2017 at 0.047825

short term up The short term trend has been UP since Aug 15th, 2017 at 0.047775

Smart Scan Analysis for MDLEUR

Based on a pre-defined weighted trend formula for chart analysis, MDLEUR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for MDLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.047635 0.047965 0.047565 0.047735 +0.000100
Prev. Close Volume Bid Ask Time
0.047635 0.047620 0.047850 2017-08-17 15:18:58
Want to analyze Moldovan Leu/Euro MDLEUR or another symbol? Try our Free Forex Trend Analysis Report.