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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

/British Pound (FOREX:LRDGBP)

Countertrend Up (+85) - LRDGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00447627 0.00447627 0.00447458 0.00447458 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for LRDGBP

long term up The long-term trend has been UP since Jul 18th, 2021 at 0.00420318

intermediate term up The intermediate-term trend has been UP since Sep 21st, 2021 at 0.00423106

short term up The short-term trend has been UP since Sep 13th, 2021 at 0.00421066

Smart Scan Analysis for LRDGBP

Based on our trend formula, LRDGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for LRDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00447627 0.00447627 0.00447458 0.00447458 -0.00000200
Prev. Close Volume Bid Ask Time
0.00447627 2021-10-19 21:09:13
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