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Forex Trend Analysis Report

Prepared for you on Wednesday, October 28, 2020.

/Euro (FOREX:LRDEUR)

Sidelines Mode (+50) - LRDEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until LRDEUR can gain momentum.

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
0.00440533 0.00440533 0.00440533 0.00440533 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LRDEUR

long term down The long-term trend has been DOWN since Jun 29th, 2020 at 0.00443346

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2020 at 0.00430518

short term up The short-term trend has been UP since Sep 14th, 2020 at 0.00421640

Smart Scan Analysis for LRDEUR

Based on our trend formula, LRDEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for LRDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00440533 0.00440533 0.00440533 0.00440533 0.00000000
Prev. Close Volume Bid Ask Time
0.00451738 2020-10-22 07:29:58
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