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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

/US Dollar (FOREX:LRDUSD)

Strong Downtrend (-100) - LRDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_LRDUSD
Open High Low LRDUSD Price Change
0.00503282 0.00503282 0.00503282 0.00503282 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LRDUSD

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 0.00506472

intermediate term down The intermediate-term trend has been DOWN since Jan 6th, 2020 at 0.00531573

short term down The short-term trend has been DOWN since May 20th, 2020 at 0.00503790

Smart Scan Analysis for LRDUSD

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

-100
Smart Scan Analysis for LRDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00503282 0.00503282 0.00503282 0.00503282 0.00000000
Prev. Close Volume Bid Ask Time
0.00503282 0.00501002 0.00505561 2020-05-29 13:17:15
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