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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
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MarketClub’s Trade Triangles for MDLEUR
The long-term trend has been UP since Oct 3rd, 2023 at 0.052580
The intermediate-term trend has been DOWN since Jul 1st, 2024 at 0.051785
The short-term trend has been DOWN since Jul 23rd, 2024 at 0.051765
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.051975 | 0.052055 | 0.051835 | 0.052055 | +0.000080 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.051975 | 2024-07-26 10:43:11 |