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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.

FOREX_USDMDL
Open High Low USDMDL Price Change
17.720677 17.720677 17.720677 17.720677 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDMDL

long term up The long-term trend has been UP since Jan 20th, 2020 at 17.610790

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2020 at 17.837494

short term down 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).

-70
Smart Scan Analysis for USDMDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.720677 17.720677 17.720677 17.720677 0.000000
Prev. Close Volume Bid Ask Time
17.702885 17.446643 17.994711 2020-05-21 21:08:20
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