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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.
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MarketClub’s Trade Triangles for MDLEUR
The long-term trend has been UP since Mar 4th, 2022 at 0.050580
The intermediate-term trend has been UP since Aug 15th, 2022 at 0.051365
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).
| 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 |