Forex Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
Moldovan Leu/Euro (FOREX:MDLEUR)
Crossroads (-60) - MDLEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MDLEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MDLEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MDLEUR
The long-term trend has been UP since Feb 5th, 2020 at 0.052690
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 0.051785
The short-term trend has been DOWN since Feb 19th, 2020 at 0.052200
Smart Scan Analysis for MDLEUR
Based on our trend formula, MDLEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).