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Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

Moldovan Leu/Euro (FOREX:MDLEUR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_MDLEUR
Open High Low MDLEUR Price Change
0.051725 0.051800 0.051595 0.051785 +0.000060
Entry Signal

MarketClub’s Trade Triangles for MDLEUR

long term down The long term trend has been DOWN since Sep 24th, 2018 at 0.050195

intermediate term up The intermediate term trend has been UP since Jan 24th, 2019 at 0.051595

short term down The short term trend has been DOWN since Feb 18th, 2019 at 0.051560

Smart Scan Analysis for MDLEUR

Based on a pre-defined weighted trend formula for chart analysis, MDLEUR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for MDLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.051725 0.051800 0.051595 0.051785 +0.000060
Prev. Close Volume Bid Ask Time
0.051725 0.051650 0.051920 2019-02-19 10:21:45
Want to analyze Moldovan Leu/Euro MDLEUR or another symbol? Try our Free Forex Trend Analysis Report.