Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

Moldovan Leu/Euro (FOREX:MDLEUR)

Sidelines Mode (+55) - MDLEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.052505 0.052550 0.052505 0.052540 +0.000035
Entry Signal

MarketClub’s Trade Triangles for MDLEUR

long term down The long-term trend has been DOWN since Jul 3rd, 2023 at 0.049900

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2023 at 0.051080

short term down The short-term trend has been DOWN since Sep 29th, 2023 at 0.051895

Smart Scan Analysis for MDLEUR

Based on our trend formula, MDLEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MDLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.052505 0.052550 0.052505 0.052540 +0.000035
Prev. Close Volume Bid Ask Time
0.052505 2023-10-03 01:11:46
Get a free daily analysis and signals for Moldovan Leu/Euro (MDLEUR) - Request Your Free Report.