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Forex Trend Analysis Report

Prepared for you on Wednesday, December 11, 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.

FOREX_MDLEUR
Open High Low MDLEUR Price Change
0.052065 0.052100 0.052045 0.052100 +0.000035
Entry Signal

MarketClub’s Trade Triangles for MDLEUR

long term up The long-term trend has been UP since Nov 12th, 2024 at 0.052690

intermediate term down The intermediate-term trend has been DOWN since Dec 6th, 2024 at 0.051575

short term up The short-term trend has been UP since Dec 10th, 2024 at 0.052035

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
0.052065 0.052100 0.052045 0.052100 +0.000035
Prev. Close Volume Bid Ask Time
0.052065 2024-12-11 02:15:45
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