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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

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.

FOREX_MDLUSD
Open High Low MDLUSD Price Change
0.05688000 0.05720000 0.05685684 0.05698000 +0.00010000
Entry Signal

MarketClub’s Trade Triangles for MDLUSD

long term down The long-term trend has been DOWN since Nov 2nd, 2020 at 0.05861500

intermediate term down The intermediate-term trend has been DOWN since Jan 14th, 2021 at 0.05786574

short term down The short-term trend has been DOWN since Mar 2nd, 2021 at 0.05709000

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).

-90
Smart Scan Analysis for MDLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05688000 0.05720000 0.05685684 0.05698000 +0.00010000
Prev. Close Volume Bid Ask Time
0.05688000 2021-03-05 16:49:16
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