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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
/British Pound (FOREX:LRDGBP)
Long-Term Uptrend (+90) - LRDGBP is in a strong uptrend that is likely to continue. While LRDGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid LRDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for LRDGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for LRDGBP
The long-term trend has been UP since Apr 17th, 2024 at 0.00414044
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00406529
The short-term trend has been UP since May 1st, 2024 at 0.00412897
Smart Scan Analysis for LRDGBP
Based on our trend formula, LRDGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00412679 | 0.00412679 | 0.00412679 | 0.00412679 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00412679 | 2024-05-09 07:26:26 |