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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

/British Pound (FOREX:LRDGBP)

Sidelines Mode (+55) - LRDGBP 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 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.

FOREX_LRDGBP
Open High Low LRDGBP Price Change
0.00412933 0.00412933 0.00412933 0.00412933 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LRDGBP

long term up The long-term trend has been UP since Apr 17th, 2024 at 0.00414044

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00406529

short term down The short-term trend has been DOWN since Apr 26th, 2024 at 0.00414085

Smart Scan Analysis for LRDGBP

Based on our trend formula, LRDGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for LRDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00412933 0.00412933 0.00412933 0.00412933 0.00000000
Prev. Close Volume Bid Ask Time
0.00412933 2024-04-26 07:26:04
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