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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
/US Dollar (FOREX:LRDUSD)
Sidelines Mode (+55) - LRDUSD 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 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.
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MarketClub’s Trade Triangles for LRDUSD
The long-term trend has been UP since Oct 7th, 2024 at 0.00515807
The intermediate-term trend has been UP since Sep 9th, 2024 at 0.00512176
The short-term trend has been DOWN since Jan 15th, 2025 at 0.00557890
Smart Scan Analysis for LRDUSD
Based on our trend formula, LRDUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00527738 | 0.00527738 | 0.00527738 | 0.00527738 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00527738 | 2025-01-17 17:38:26 |