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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Moldovan Leu/US Dollar (FOREX:MDLUSD)
Crossroads (-60) - MDLUSD 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 MDLUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MDLUSD.
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 MDLUSD
The long-term trend has been UP since Jul 19th, 2023 at 0.05665
The intermediate-term trend has been DOWN since Mar 21st, 2024 at 0.05607
The short-term trend has been DOWN since Apr 12th, 2024 at 0.05658
Smart Scan Analysis for MDLUSD
Based on our trend formula, MDLUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.056205 | 0.056205 | 0.055960 | 0.055960 | -0.000245 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.055495 | 2024-04-17 16:56:58 |