Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Moldovan Leu/US Dollar (FOREX:MDLUSD)
Strong Uptrend (+100) - MDLUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MDLUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Aug 13th, 2021 at 0.057010
The intermediate-term trend has been UP since Jul 28th, 2021 at 0.055775
The short-term trend has been UP since Sep 29th, 2021 at 0.056690
Smart Scan Analysis for MDLUSD
Based on our trend formula, MDLUSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).