Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
US Dollar/Moldovan Leu (FOREX:USDMDL)
Weak Downtrend (-65) - USDMDL is showing signs of a strengthening downtrend. Monitor USDMDL as it may be building momentum to the downside.
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 UP since Jan 20th, 2020 at 17.610790
The intermediate-term trend has been DOWN since Apr 17th, 2020 at 17.837494
The short-term trend has been DOWN since Apr 17th, 2020 at 18.403699
Smart Scan Analysis for USDMDL
Based on our trend formula, USDMDL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).