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Forex Trend Analysis Report
Prepared for you on Sunday, January 19, 2025.
Euro/Moldovan Leu (FOREX:EURMDL)
Countertrend Up (+85) - EURMDL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jan 19th, 2025 at 19.417
The intermediate-term trend has been UP since Jan 19th, 2025 at 19.214
The short-term trend has been UP since Jan 19th, 2025 at 19.191
Smart Scan Analysis for EURMDL
Based on our trend formula, EURMDL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.456 | 19.456 | 19.456 | 19.456 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.456 | 2025-01-19 11:30:04 |