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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2019.

Euro/Moldovan Leu (FOREX:EURMDL)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURMDL
Open High Low EURMDL Price Change
20.144 20.144 20.144 20.144 0.000
Entry Signal

MarketClub’s Trade Triangles for EURMDL

long term up The long term trend has been UP since Apr 11th, 2019 at 19.7150

intermediate term up The intermediate term trend has been UP since Mar 20th, 2019 at 19.6085

short term up The short term trend has been UP since Apr 4th, 2019 at 19.5040

Smart Scan Analysis for EURMDL

Based on a pre-defined weighted trend formula for chart analysis, EURMDL scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for EURMDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.144 20.144 20.144 20.144 0.000
Prev. Close Volume Bid Ask Time
20.139 19.844 20.444 2019-04-16 21:11:36
Want to analyze Euro/Moldovan Leu EURMDL or another symbol? Try our Free Forex Trend Analysis Report.