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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
US Dollar/ (FOREX:USDLRD)
Countertrend Up (+85) - USDLRD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid USDLRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDLRD.
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 USDLRD
The long-term trend has been UP since Apr 24th, 2024 at 193.05
The intermediate-term trend has been UP since Apr 24th, 2024 at 193.05
The short-term trend has been UP since Apr 24th, 2024 at 193.05
Smart Scan Analysis for USDLRD
Based on our trend formula, USDLRD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 193.25 | 193.25 | 193.20 | 193.20 | -0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 193.25 | 2024-04-24 13:16:45 |