Forex Trend Analysis Report
Prepared for you on Monday, July 6, 2020.
Moldovan Leu/US Dollar (FOREX:MDLUSD)
Sidelines Mode (+55) - MDLUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
MarketClub’s Trade Triangles for MDLUSD
The long-term trend has been UP since Jun 3rd, 2020 at 0.057830
The intermediate-term trend has been UP since Apr 15th, 2020 at 0.055845
The short-term trend has been DOWN since Jul 6th, 2020 at 0.057965
Smart Scan Analysis for MDLUSD
Based on our trend formula, MDLUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).