Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
US Dollar/Moldovan Leu (FOREX:USDMDL)
Sidelines Mode (+55) - USDMDL 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 USDMDL?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDMDL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDMDL
The long-term trend has been UP since Dec 3rd, 2021 at 17.731999
The intermediate-term trend has been UP since Jun 20th, 2022 at 19.043715
The short-term trend has been DOWN since Jun 29th, 2022 at 19.214901
Smart Scan Analysis for USDMDL
Based on our trend formula, USDMDL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).