Confirmation of the Moldovan Leu Depreciation

Following up on the article "How will the Moldovan leu evolve against the euro?", we would like to inform you that the depreciation trend of the Moldovan leu is developing, and the chart analysis shows us a pattern that confirms the euro's growth against MDL. The first target (approximately by August) is expected to be the price of 21 lei for one euro. As a reminder, the reason for this article was the possible beginning of a depreciation trend of the Moldovan leu against the euro for a period of 2-4 years. You can find more details in the previous article.

The Moldovan leu in a depreciation trend against the euro

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The information in this article is not and cannot be considered a recommendation to buy, sell, or hold any particular financial instrument. The chart analysis was created with the help of the website tradingview.com.

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