Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Countertrend Up (+85) - LRDEUR 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 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 UP since Oct 29th, 2020 at 0.00445221
The intermediate-term trend has been UP since Sep 21st, 2021 at 0.00495949
The short-term trend has been UP since Sep 10th, 2021 at 0.00491753
Smart Scan Analysis for LRDEUR
Based on our trend formula, LRDEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).