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Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

/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.

FOREX_LRDEUR
Open High Low LRDEUR Price Change
0.0047686 0.0047686 0.0047686 0.0047686 0.0000000
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 down The intermediate-term trend has been DOWN since Feb 9th, 2021 at 0.00483127

short term up The short-term trend has been UP since Feb 25th, 2021 at 0.00476337

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).

+55
Smart Scan Analysis for LRDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0047686 0.0047686 0.0047686 0.0047686 0.0000000
Prev. Close Volume Bid Ask Time
0.0048171 2021-02-25 07:31:38
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