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.
MarketClub’s Trade Triangles for MDLUSD
The long-term trend has been UP since Aug 13th, 2021 at 0.057010
The intermediate-term trend has been UP since Jul 28th, 2021 at 0.055775
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).