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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Moldovan Leu/Euro (FOREX:MDLEUR)

Sidelines Mode (+55) - MDLEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_MDLEUR
Open High Low MDLEUR Price Change
0.049455 0.049465 0.049180 0.049200 -0.000255
Entry Signal

MarketClub’s Trade Triangles for MDLEUR

long term up The long-term trend has been UP since Jul 28th, 2021 at 0.047435

intermediate term up The intermediate-term trend has been UP since Sep 20th, 2021 at 0.048550

short term down The short-term trend has been DOWN since Oct 19th, 2021 at 0.049705

Smart Scan Analysis for MDLEUR

Based on our trend formula, MDLEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MDLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.049455 0.049465 0.049180 0.049200 -0.000255
Prev. Close Volume Bid Ask Time
0.049455 2021-10-22 07:00:49
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