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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Moldovan Leu/Euro (FOREX:MDLEUR)

Strong Downtrend (-100) - MDLEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.047285 0.047305 0.047150 0.047190 -0.000095
Entry Signal

MarketClub’s Trade Triangles for MDLEUR

long term down The long-term trend has been DOWN since Mar 6th, 2020 at 0.05081

intermediate term down The intermediate-term trend has been DOWN since Jan 21st, 2021 at 0.04709

short term down The short-term trend has been DOWN since Feb 18th, 2021 at 0.04731

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
0.047285 0.047305 0.047150 0.047190 -0.000095
Prev. Close Volume Bid Ask Time
0.047285 2021-02-26 05:40:11
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