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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

Moldovan Leu/Euro (FOREX:MDLEUR)

Sidelines Mode (-55) - MDLEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.05223 0.05223 0.05223 0.05223 0.00000
Entry Signal

MarketClub’s Trade Triangles for MDLEUR

long term up The long-term trend has been UP since Oct 3rd, 2023 at 0.052580

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2024 at 0.052125

short term up The short-term trend has been UP since May 22nd, 2024 at 0.052440

Smart Scan Analysis for MDLEUR

Based on our trend formula, MDLEUR is rated as a -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
0.05223 0.05223 0.05223 0.05223 0.00000
Prev. Close Volume Bid Ask Time
0.05223 2024-05-25 06:03:49
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