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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

/Euro (FOREX:LRDEUR)

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.

FOREX_LRDEUR
Open High Low LRDEUR Price Change
0.00518344 0.00518344 0.00518344 0.00518344 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LRDEUR

long term up The long-term trend has been UP since Oct 29th, 2020 at 0.00445221

intermediate term up The intermediate-term trend has been UP since Sep 21st, 2021 at 0.00495949

short term up 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).

+80
Smart Scan Analysis for LRDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00518344 0.00518344 0.00518344 0.00518344 0.00000000
Prev. Close Volume Bid Ask Time
0.00518344 2021-10-15 07:17:37
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