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Forex Trend Analysis Report

Prepared for you on Wednesday, August 10, 2022.

Moldovan Leu/US Dollar (FOREX:MDLUSD)

Sidelines Mode (-55) - MDLUSD 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 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
0.051895 0.051950 0.051895 0.051950 +0.000055
Entry Signal

MarketClub’s Trade Triangles for MDLUSD

long term down The long-term trend has been DOWN since Dec 2nd, 2021 at 0.056330

intermediate term down The intermediate-term trend has been DOWN since Aug 7th, 2022 at 0.051745

short term up The short-term trend has been UP since Aug 10th, 2022 at 0.051890

Smart Scan Analysis for MDLUSD

Based on our trend formula, MDLUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MDLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.051895 0.051950 0.051895 0.051950 +0.000055
Prev. Close Volume Bid Ask Time
0.051895 2022-08-10 03:48:16
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