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Forex Trend Analysis Report

Prepared for you on Sunday, February 16, 2020.

Euro/Moldovan Leu (FOREX:EURMDL)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURMDL
Open High Low EURMDL Price Change
19.2184 19.2184 19.2184 19.2184 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 down The intermediate term trend has been DOWN since Feb 4th, 2020 at 19.2688

short term up The short term trend has been UP since Feb 10th, 2020 at 19.2232

Smart Scan Analysis for EURMDL

Based on a pre-defined weighted trend formula for chart analysis, EURMDL scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for EURMDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.2184 19.2184 19.2184 19.2184 0.0000
Prev. Close Volume Bid Ask Time
19.2184 18.9184 19.5184 2020-02-13 21:03:28
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