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Forex Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

Moldovan Leu/US Dollar (FOREX:MDLUSD)

Bull Market Weakness (+75) - MDLUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MDLUSD as it may be in the beginning stages of a reversal.

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
0.0573145 0.0574450 0.0573145 0.0574450 +0.0001310
Entry Signal

MarketClub’s Trade Triangles for MDLUSD

long term up The long-term trend has been UP since Aug 13th, 2021 at 0.057010

intermediate term up The intermediate-term trend has been UP since Jul 28th, 2021 at 0.055775

short term down The short-term trend has been DOWN since Oct 20th, 2021 at 0.057805

Smart Scan Analysis for MDLUSD

Based on our trend formula, MDLUSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for MDLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0573145 0.0574450 0.0573145 0.0574450 +0.0001310
Prev. Close Volume Bid Ask Time
0.0573145 2021-10-22 09:58:35
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