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Forex Trend Analysis Report

Prepared for you on Monday, March 4, 2024.

Moldovan Leu/US Dollar (FOREX:MDLUSD)

Long-Term Uptrend (+90) - MDLUSD is in a strong uptrend that is likely to continue. While MDLUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.05637 0.05637 0.05637 0.05637 0.00000
Entry Signal

MarketClub’s Trade Triangles for MDLUSD

long term up The long-term trend has been UP since Jul 19th, 2023 at 0.056650

intermediate term up The intermediate-term trend has been UP since Mar 3rd, 2024 at 0.056445

short term up The short-term trend has been UP since Feb 26th, 2024 at 0.056085

Smart Scan Analysis for MDLUSD

Based on our trend formula, MDLUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MDLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05637 0.05637 0.05637 0.05637 0.00000
Prev. Close Volume Bid Ask Time
0.05637 2024-03-04 03:20:06
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