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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
/Euro (FOREX:LRDEUR)
Sidelines Mode (-55) - LRDEUR 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 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.
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MarketClub’s Trade Triangles for LRDEUR
The long-term trend has been UP since Oct 23rd, 2024 at 0.00480042
The intermediate-term trend has been DOWN since Dec 5th, 2024 at 0.00517030
The short-term trend has been UP since Dec 21st, 2024 at 0.00529769
Smart Scan Analysis for LRDEUR
Based on our trend formula, LRDEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00530303 | 0.00530303 | 0.00530303 | 0.00530303 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00528677 | 2024-12-21 08:23:56 |