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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2024.

Moldovan Leu/US Dollar (FOREX:MDLUSD)

Bull Market Weakness (+75) - MDLUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MDLUSD as it may be in the beginning stages of a reversal.

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.

FOREX_MDLUSD
Open High Low MDLUSD Price Change
0.0573100 0.0573100 0.0573033 0.0573033 -0.0000070
Entry Signal

MarketClub’s Trade Triangles for MDLUSD

long term up The long-term trend has been UP since Jun 6th, 2024 at 0.05698

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 0.05640

short term up The short-term trend has been UP since Sep 18th, 2024 at 0.05757

Smart Scan Analysis for MDLUSD

Based on our trend formula, MDLUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MDLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0573100 0.0573100 0.0573033 0.0573033 -0.0000070
Prev. Close Volume Bid Ask Time
0.0573100 2024-09-20 07:25:28
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