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Forex Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

/US Dollar (FOREX:LRDUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_LRDUSD
Open High Low LRDUSD Price Change
0.006330 0.006330 0.006327 0.006327 -0.000003
Entry Signal

MarketClub’s Trade Triangles for LRDUSD

long term down The long term trend has been DOWN since May 31st, 2018 at 0.007450

intermediate term down The intermediate term trend has been DOWN since Nov 14th, 2018 at 0.006364

short term down The short term trend has been DOWN since Nov 2nd, 2018 at 0.006380

Smart Scan Analysis for LRDUSD

Based on a pre-defined weighted trend formula for chart analysis, LRDUSD scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for LRDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.006330 0.006330 0.006327 0.006327 -0.000003
Prev. Close Volume Bid Ask Time
0.006330 0.006293 0.006361 2018-11-14 13:19:17
Want to analyze /US Dollar LRDUSD or another symbol? Try our Free Forex Trend Analysis Report.