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.
MarketClub’s Trade Triangles for EURMDL
The long-term trend has been UP since Jan 20th, 2020 at 19.5055
The intermediate-term trend has been UP since Feb 23rd, 2021 at 21.2449
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).