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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

US Dollar/Moldovan Leu (FOREX:USDMDL)

Strong Uptrend (+100) - USDMDL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDMDL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
17.863192 17.863192 17.863192 17.863192 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDMDL

long term up The long-term trend has been UP since Jun 13th, 2024 at 17.876388

intermediate term up The intermediate-term trend has been UP since Jun 13th, 2024 at 17.876388

short term up The short-term trend has been UP since Jun 13th, 2024 at 17.876388

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
17.863192 17.863192 17.863192 17.863192 0.000000
Prev. Close Volume Bid Ask Time
17.851893 2024-06-18 07:26:11
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