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Forex Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
US Dollar/Moldovan Leu (FOREX:USDMDL)
Strong Downtrend (-100) - USDMDL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDMDL continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for USDMDL
The long-term trend has been DOWN since Nov 6th, 2022 at 19.244957
The intermediate-term trend has been DOWN since Mar 17th, 2023 at 18.717978
The short-term trend has been DOWN since Mar 7th, 2023 at 18.844871
Smart Scan Analysis for USDMDL
Based on our trend formula, USDMDL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.388757 | 18.388757 | 18.388757 | 18.388757 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.388757 | 2023-03-18 03:55:52 |