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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.

FOREX_USDMDL
Open High Low USDMDL Price Change
18.388757 18.388757 18.388757 18.388757 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDMDL

long term down The long-term trend has been DOWN since Nov 6th, 2022 at 19.244957

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2023 at 18.717978

short term down 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).

-100
Smart Scan Analysis for USDMDL
Strong Downtrend Sideways 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
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