Forex Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
Bear Market Rally (-75) - LRDEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on LRDEUR as it may be in the beginning 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.
MarketClub’s Trade Triangles for LRDEUR
The long-term trend has been DOWN since Nov 11th, 2022 at 0.00634744
The intermediate-term trend has been DOWN since Oct 24th, 2023 at 0.00493160
The short-term trend has been UP since Dec 4th, 2023 at 0.00478503
Smart Scan Analysis for LRDEUR
Based on our trend formula, LRDEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).