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Forex Trend Analysis Report

Prepared for you on Saturday, December 2, 2023.

Moldovan Leu/US Dollar (FOREX:MDLUSD)

Long-Term Uptrend (+90) - MDLUSD is in a strong uptrend that is likely to continue. While MDLUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.056275 0.056275 0.056275 0.056275 0.000000
Entry Signal

MarketClub’s Trade Triangles for MDLUSD

long term up The long-term trend has been UP since Jul 19th, 2023 at 0.05665

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2023 at 0.05544

short term up The short-term trend has been UP since Nov 29th, 2023 at 0.05634

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
0.056275 0.056275 0.056275 0.056275 0.000000
Prev. Close Volume Bid Ask Time
0.056275 2023-12-01 02:14:37
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