Forex Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
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, SHORTSYMBOL 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.
MarketClub’s Trade Triangles for USDMDL
The long-term trend has been DOWN since Aug 15th, 2021 at 17.562509
The intermediate-term trend has been DOWN since Oct 10th, 2021 at 17.561771
The short-term trend has been DOWN since Oct 1st, 2021 at 17.679006
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).