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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Euro/Moldovan Leu (FOREX:EURMDL)
Weak Downtrend (-65) - EURMDL is showing signs of a strengthening downtrend. Monitor EURMDL as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURMDL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMDL.
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 EURMDL
The long-term trend has been DOWN since Nov 14th, 2024 at 19.2199
The intermediate-term trend has been UP since Dec 6th, 2024 at 19.2810
The short-term trend has been DOWN since Dec 13th, 2024 at 19.2350
Smart Scan Analysis for EURMDL
Based on our trend formula, EURMDL is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.179 | 19.179 | 19.179 | 19.179 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.179 | 2024-12-24 21:00:04 |