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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

US Dollar/ (FOREX:USDLRD)

Bull Market Weakness (+75) - USDLRD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDLRD as it may be in the beginning stages of a reversal.

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

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

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

FOREX_USDLRD
Open High Low USDLRD Price Change
173.375 173.425 173.375 173.425 +0.050
Entry Signal

MarketClub’s Trade Triangles for USDLRD

long term down The long-term trend has been DOWN since Oct 5th, 2020 at 198.875

intermediate term up The intermediate-term trend has been UP since Dec 7th, 2020 at 159.000

short term up The short-term trend has been UP since Nov 25th, 2020 at 156.075

Smart Scan Analysis for USDLRD

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

+70
Smart Scan Analysis for USDLRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
173.375 173.425 173.375 173.425 +0.050
Prev. Close Volume Bid Ask Time
173.375 2021-02-24 12:51:41
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