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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Moldovan Leu/Euro (FOREX:MDLEUR)

Strong Uptrend (+100) - MDLEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MDLEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.051315 0.051425 0.051165 0.051415 +0.000100
Entry Signal

MarketClub’s Trade Triangles for MDLEUR

long term up The long-term trend has been UP since Mar 4th, 2022 at 0.050580

intermediate term up The intermediate-term trend has been UP since Aug 15th, 2022 at 0.051365

short term up The short-term trend has been UP since Aug 15th, 2022 at 0.050850

Smart Scan Analysis for MDLEUR

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

+100
Smart Scan Analysis for MDLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.051315 0.051425 0.051165 0.051415 +0.000100
Prev. Close Volume Bid Ask Time
0.051315 2022-08-16 07:07:44
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