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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

US Dollar/Moldovan Leu (FOREX:USDMDL)

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

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.

FOREX_USDMDL
Open High Low USDMDL Price Change
17.557365 17.557365 17.557365 17.557365 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDMDL

long term up The long-term trend has been UP since Nov 3rd, 2020 at 17.089582

intermediate term up The intermediate-term trend has been UP since Feb 4th, 2021 at 17.498357

short term down The short-term trend has been DOWN since Mar 8th, 2021 at 17.591623

Smart Scan Analysis for USDMDL

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

+75
Smart Scan Analysis for USDMDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.557365 17.557365 17.557365 17.557365 0.000000
Prev. Close Volume Bid Ask Time
17.557365 2021-03-08 07:19:08
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