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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for MDLEUR
The long-term trend has been UP since Nov 12th, 2024 at 0.052690
The intermediate-term trend has been UP since Nov 5th, 2024 at 0.052415
The short-term trend has been DOWN since Nov 15th, 2024 at 0.052095
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.052075 | 0.052095 | 0.051795 | 0.051895 | -0.000180 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.052075 | 2024-11-20 03:22:42 |