Forex Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
Sidelines Mode (+50) - LRDEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until LRDEUR can gain momentum.
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 Jun 29th, 2020 at 0.00443346
The intermediate-term trend has been UP since Oct 14th, 2020 at 0.00430518
The short-term trend has been UP since Sep 14th, 2020 at 0.00421640
Smart Scan Analysis for LRDEUR
Based on our trend formula, LRDEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).