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Forex Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

Moldovan Leu/Euro (FOREX:MDLEUR)

Countertrend Down (-85) - MDLEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.04758 0.04759 0.04730 0.04730 -0.00028
Entry Signal

MarketClub’s Trade Triangles for MDLEUR

long term down The long-term trend has been DOWN since Mar 6th, 2020 at 0.05081

intermediate term down The intermediate-term trend has been DOWN since Jan 21st, 2021 at 0.04709

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.04740

Smart Scan Analysis for MDLEUR

Based on our trend formula, MDLEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for MDLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04758 0.04759 0.04730 0.04730 -0.00028
Prev. Close Volume Bid Ask Time
0.04758 2021-03-02 13:04:09
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