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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

/British Pound (FOREX:LRDGBP)

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

Is it time to buy, sell, or avoid LRDGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for LRDGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_LRDGBP
Open High Low LRDGBP Price Change
0.00412388 0.00412388 0.00412388 0.00412388 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LRDGBP

long term down The long-term trend has been DOWN since Feb 9th, 2021 at 0.00422677

intermediate term down The intermediate-term trend has been DOWN since Dec 8th, 2020 at 0.00475288

short term up The short-term trend has been UP since Feb 25th, 2021 at 0.00411889

Smart Scan Analysis for LRDGBP

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

-75
Smart Scan Analysis for LRDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00412388 0.00412388 0.00412388 0.00412388 0.00000000
Prev. Close Volume Bid Ask Time
0.00419045 2021-02-25 07:31:38
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