Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
US Dollar/Moldovan Leu (FOREX:USDMDL)
Bear Market Rally (-75) - USDMDL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDMDL as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid USDMDL?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDMDL.
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 USDMDL
The long-term trend has been DOWN since Jul 19th, 2023 at 17.699369
The intermediate-term trend has been DOWN since Mar 3rd, 2024 at 17.775180
The short-term trend has been UP since Mar 17th, 2024 at 17.693566
Smart Scan Analysis for USDMDL
Based on our trend formula, USDMDL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
17.684367 | 17.740014 | 17.684367 | 17.740014 | +0.055647 |
Prev. Close | Volume | Bid | Ask | Time |
17.684367 | 2024-03-18 22:07:04 |