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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
US Dollar/Moldovan Leu (FOREX:USDMDL)
Countertrend Up (+85) - USDMDL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Oct 23rd, 2024 at 17.859045
The intermediate-term trend has been UP since Oct 4th, 2024 at 17.493374
The short-term trend has been UP since Oct 4th, 2024 at 17.493374
Smart Scan Analysis for USDMDL
Based on our trend formula, USDMDL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.215007 | 18.215007 | 18.215007 | 18.215007 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.215007 | 2024-11-20 19:11:54 |