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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.

FOREX_MDLEUR
Open High Low MDLEUR Price Change
0.051795 0.051815 0.051460 0.051630 -0.000165
Entry Signal

MarketClub’s Trade Triangles for MDLEUR

long term up The long-term trend has been UP since Feb 5th, 2020 at 0.052690

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 0.051785

short term down 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).

-60
Smart Scan Analysis for MDLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.051795 0.051815 0.051460 0.051630 -0.000165
Prev. Close Volume Bid Ask Time
0.051795 0.051500 0.051760 2020-02-27 10:16:11
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