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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Moldovan Leu (FOREX:USDMDL)
Sidelines Mode (-55) - USDMDL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Jun 13th, 2024 at 17.876388
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 17.762857
The short-term trend has been UP since Jul 23rd, 2024 at 17.750257
Smart Scan Analysis for USDMDL
Based on our trend formula, USDMDL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for USDMDL](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
17.748346 | 17.748346 | 17.743198 | 17.743198 | -0.005148 |
Prev. Close | Volume | Bid | Ask | Time |
17.748346 | 2024-07-26 14:00:14 |