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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
/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.
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MarketClub’s Trade Triangles for LRDGBP
The long-term trend has been UP since Nov 8th, 2024 at 0.00401277
The intermediate-term trend has been DOWN since Dec 5th, 2024 at 0.00431640
The short-term trend has been UP since Dec 21st, 2024 at 0.00439470
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00440671 | 0.00440671 | 0.00440671 | 0.00440671 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00431374 | 2024-12-21 08:23:56 |