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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

/Euro (FOREX:LRDEUR)

Weak Uptrend (+65) - LRDEUR is showing signs of weakening momentum to the upside. Monitor LRDEUR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid LRDEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for LRDEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_LRDEUR
Open High Low LRDEUR Price Change
0.00481221 0.00481221 0.00481221 0.00481221 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LRDEUR

long term up The long-term trend has been UP since Apr 22nd, 2024 at 0.00483829

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00475477

short term down The short-term trend has been DOWN since May 3rd, 2024 at 0.00481244

Smart Scan Analysis for LRDEUR

Based on our trend formula, LRDEUR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for LRDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00481221 0.00481221 0.00481221 0.00481221 0.00000000
Prev. Close Volume Bid Ask Time
0.00481128 2024-05-07 21:05:08
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