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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.

FOREX_MDLUSD
Open High Low MDLUSD Price Change
0.057805 0.058085 0.057765 0.057785 -0.000020
Entry Signal

MarketClub’s Trade Triangles for MDLUSD

long term up The long-term trend has been UP since Jun 3rd, 2020 at 0.057830

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2020 at 0.055845

short term down 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).

+55
Smart Scan Analysis for MDLUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.057805 0.058085 0.057765 0.057785 -0.000020
Prev. Close Volume Bid Ask Time
0.057805 0.057650 0.057920 2020-07-06 17:12:06
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