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Forex Trend Analysis Report
Prepared for you on Friday, November 15, 2024.
Moldovan Leu/Euro (FOREX:MDLEUR)
Countertrend Up (+85) - MDLEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Nov 12th, 2024 at 0.052690
The intermediate-term trend has been UP since Nov 5th, 2024 at 0.052415
The short-term trend has been DOWN since Nov 15th, 2024 at 0.052095
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.052240 | 0.052600 | 0.051965 | 0.052550 | +0.000310 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.052240 | 2024-11-15 16:36:43 |