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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Euro/Moldovan Leu (FOREX:EURMDL)

Bull Market Weakness (+75) - EURMDL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURMDL as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid EURMDL?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURMDL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURMDL
Open High Low EURMDL Price Change
21.2489 21.2489 21.2489 21.2489 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURMDL

long term up The long-term trend has been UP since Jan 20th, 2020 at 19.5055

intermediate term up The intermediate-term trend has been UP since Feb 23rd, 2021 at 21.2449

short term up The short-term trend has been UP since Feb 23rd, 2021 at 21.1445

Smart Scan Analysis for EURMDL

Based on our trend formula, EURMDL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EURMDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.2489 21.2489 21.2489 21.2489 0.0000
Prev. Close Volume Bid Ask Time
21.2489 2021-02-24 07:23:13
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