Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Moldovan Leu/US Dollar (FOREX:MDLUSD)
Long-Term Uptrend (+90) - MDLUSD is in a strong uptrend that is likely to continue. While MDLUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MDLUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MDLUSD.
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 MDLUSD
The long-term trend has been UP since Jul 19th, 2023 at 0.056650
The intermediate-term trend has been UP since Mar 3rd, 2024 at 0.056445
The short-term trend has been UP since Mar 7th, 2024 at 0.056660
Smart Scan Analysis for MDLUSD
Based on our trend formula, MDLUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.05650000 | 0.05683000 | 0.05640207 | 0.05682000 | +0.00032000 |
Prev. Close | Volume | Bid | Ask | Time |
0.05650000 | 2024-03-18 22:07:01 |