Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
US Dollar/ (FOREX:USDLRD)
Strong Downtrend (-100) - USDLRD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDLRD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for USDLRD
The long-term trend has been DOWN since Oct 4th, 2024 at 193.84100
The intermediate-term trend has been DOWN since Sep 24th, 2024 at 194.96909
The short-term trend has been DOWN since Sep 24th, 2024 at 199.97123
Smart Scan Analysis for USDLRD
Based on our trend formula, USDLRD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 180.75000 | 181.15355 | 180.62500 | 181.15355 | +0.40355 |
| Prev. Close | Volume | Bid | Ask | Time |
| 180.75000 | 2024-11-20 19:11:55 |