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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

/US Dollar (FOREX:LRDUSD)

Weak Downtrend (-65) - LRDUSD is showing signs of a strengthening downtrend. Monitor LRDUSD as it may be building momentum to the downside.

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
0.00576799 0.00576799 0.00576631 0.00576631 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for LRDUSD

long term up The long-term trend has been UP since Oct 5th, 2020 at 0.00502838

intermediate term down The intermediate-term trend has been DOWN since Dec 7th, 2020 at 0.00628956

short term down The short-term trend has been DOWN since Nov 25th, 2020 at 0.00640740

Smart Scan Analysis for LRDUSD

Based on our trend formula, LRDUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for LRDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00576799 0.00576799 0.00576631 0.00576631 -0.00000200
Prev. Close Volume Bid Ask Time
0.00576799 2021-02-24 12:51:41
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