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Forex Trend Analysis Report
Prepared for you on Thursday, December 1, 2022.
Moldovan Leu/Euro (FOREX:MDLEUR)
Strong Downtrend (-100) - MDLEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MDLEUR continues to fall. Traders should use caution 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.
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MarketClub’s Trade Triangles for MDLEUR
The long-term trend has been DOWN since Nov 15th, 2022 at 0.050200
The intermediate-term trend has been DOWN since Oct 26th, 2022 at 0.051445
The short-term trend has been DOWN since Nov 23rd, 2022 at 0.050185
Smart Scan Analysis for MDLEUR
Based on our trend formula, MDLEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.049495 | 0.049500 | 0.048610 | 0.048660 | -0.000835 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.049495 | 2022-12-01 15:38:45 |