Forex Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
Moldovan Leu/US Dollar (FOREX:MDLUSD)
Long-Term Downtrend (-90) - MDLUSD is in a strong downtrend that is likely to continue. While MDLUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MDLUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MDLUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MDLUSD
The long-term trend has been DOWN since Feb 20th, 2020 at 0.056365
The intermediate-term trend has been DOWN since Mar 20th, 2020 at 0.055945
The short-term trend has been DOWN since Mar 11th, 2020 at 0.057380
Smart Scan Analysis for MDLUSD
Based on our trend formula, MDLUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).