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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.

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FOREX_USDMDL
Open High Low USDMDL Price Change
17.348925 17.366814 17.348925 17.366814 +0.017889
Entry Signal

MarketClub’s Trade Triangles for USDMDL

long term down The long-term trend has been DOWN since Aug 15th, 2021 at 17.562509

intermediate term down The intermediate-term trend has been DOWN since Oct 10th, 2021 at 17.561771

short term down 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).

-100
Smart Scan Analysis for USDMDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.348925 17.366814 17.348925 17.366814 +0.017889
Prev. Close Volume Bid Ask Time
17.267126 2021-10-12 21:08:36
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