Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Moldovan Leu/Euro (FOREX:MDLEUR)
Bull Market Weakness (+75) - MDLEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MDLEUR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid
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.
MarketClub’s Trade Triangles for MDLEUR
The long-term trend has been UP since Feb 5th, 2020 at 0.052690
The intermediate-term trend has been UP since Feb 4th, 2020 at 0.052265
The short-term trend has been DOWN since Feb 10th, 2020 at 0.051955
Smart Scan Analysis for MDLEUR
Based on our trend formula, MDLEUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).