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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Euro/Moldovan Leu (FOREX:EURMDL)

Weak Downtrend (-65) - EURMDL is showing signs of a strengthening downtrend. Monitor EURMDL as it may be building momentum to the downside.

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
19.7155 19.7155 19.7155 19.7155 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURMDL

long term down The long-term trend has been DOWN since May 2nd, 2022 at 20.0033

intermediate term up The intermediate-term trend has been UP since Aug 1st, 2022 at 19.6697

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 20.2424

Smart Scan Analysis for EURMDL

Based on our trend formula, EURMDL is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for EURMDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.7155 19.7155 19.7155 19.7155 0.0000
Prev. Close Volume Bid Ask Time
19.7155 2022-08-10 07:20:31
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