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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

/Euro (FOREX:LRDEUR)

Strong Downtrend (-100) - LRDEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, LRDEUR continues to fall. Traders should use caution 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.

FOREX_LRDEUR
Open High Low LRDEUR Price Change
0.00580863 0.00580863 0.00580863 0.00580863 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 Mar 7th, 2023 at 0.00591412

short term down The short-term trend has been DOWN since Mar 2nd, 2023 at 0.00597277

Smart Scan Analysis for LRDEUR

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

-100
Smart Scan Analysis for LRDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00580863 0.00580863 0.00580863 0.00580863 0.00000000
Prev. Close Volume Bid Ask Time
0.00580863 2023-03-18 03:55:52
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