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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

/British Pound (FOREX:LRDGBP)

Sidelines Mode (+55) - LRDGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.00404487 0.00404487 0.00404487 0.00404487 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LRDGBP

long term up The long-term trend has been UP since Mar 17th, 2020 at 0.00410348

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2020 at 0.00393269

short term down The short-term trend has been DOWN since Apr 1st, 2020 at 0.00405196

Smart Scan Analysis for LRDGBP

Based on our trend formula, LRDGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for LRDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00404487 0.00404487 0.00404487 0.00404487 0.00000000
Prev. Close Volume Bid Ask Time
0.00404487 0.00399487 0.00409487 2020-04-01 07:17:55
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