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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Moldovan Leu/Euro (FOREX:MDLEUR)

Bear Market Rally (-75) - MDLEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MDLEUR as it may be in the beginning of a reversal.

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
0.051605 0.051620 0.051235 0.051285 -0.000320
Entry Signal

MarketClub’s Trade Triangles for MDLEUR

long term down The long-term trend has been DOWN since Mar 6th, 2020 at 0.050810

intermediate term up The intermediate-term trend has been UP since Apr 17th, 2020 at 0.052135

short term down The short-term trend has been DOWN since May 26th, 2020 at 0.051400

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).

-75
Smart Scan Analysis for MDLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.051605 0.051620 0.051235 0.051285 -0.000320
Prev. Close Volume Bid Ask Time
0.051605 0.051150 0.051420 2020-06-02 05:42:37
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