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Forex Trend Analysis Report
Prepared for you on Sunday, May 5, 2024.
Moldovan Leu/Euro (FOREX:MDLEUR)
Weak Uptrend (+65) - MDLEUR is showing signs of weakening momentum to the upside. Monitor MDLEUR as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for MDLEUR
The long-term trend has been UP since Oct 3rd, 2023 at 0.052580
The intermediate-term trend has been UP since Mar 14th, 2024 at 0.052295
The short-term trend has been DOWN since May 3rd, 2024 at 0.052360
Smart Scan Analysis for MDLEUR
Based on our trend formula, MDLEUR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.052940 | 0.052970 | 0.052245 | 0.052635 | -0.000305 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.052940 | 2024-05-03 16:32:50 |