Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

/Euro (FOREX:LRDEUR)

Bear Market Rally (-75) - LRDEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on LRDEUR as it may be in the beginning of a reversal.

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
0.00483221 0.00483221 0.00483221 0.00483221 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LRDEUR

long term down The long-term trend has been DOWN since Nov 11th, 2022 at 0.00634744

intermediate term down The intermediate-term trend has been DOWN since Oct 24th, 2023 at 0.00493160

short term up The short-term trend has been UP since Dec 4th, 2023 at 0.00478503

Smart Scan Analysis for LRDEUR

Based on our trend formula, LRDEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for LRDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00483221 0.00483221 0.00483221 0.00483221 0.00000000
Prev. Close Volume Bid Ask Time
0.00483641 2023-12-06 21:30:15
Get a free daily analysis and signals for /Euro (LRDEUR) - Request Your Free Report.