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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
/Euro (FOREX:LRDEUR)
Countertrend Down (-85) - LRDEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Jul 15th, 2024 at 0.00473114
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.00476337
The short-term trend has been UP since Jul 21st, 2024 at 0.00470598
Smart Scan Analysis for LRDEUR
Based on our trend formula, LRDEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00471485 | 0.00471485 | 0.00471485 | 0.00471485 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00471485 | 2024-07-26 14:00:16 |