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.
MarketClub’s Trade Triangles for MDLEUR
The long term trend has been DOWN since Sep 24th, 2018 at 0.050195
The intermediate term trend has been UP since Jan 24th, 2019 at 0.051595
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).