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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
/British Pound (FOREX:LRDGBP)
Countertrend Down (-85) - LRDGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for LRDGBP
The long-term trend has been DOWN since Jun 10th, 2024 at 0.00401285
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.00403291
The short-term trend has been UP since Jul 21st, 2024 at 0.00395425
Smart Scan Analysis for LRDGBP
Based on our trend formula, LRDGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00397783 | 0.00397816 | 0.00397783 | 0.00397816 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00397783 | 2024-07-26 14:00:16 |