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Forex Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

US Dollar/ (FOREX:USDLRD)

Crossroads (-60) - USDLRD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
152.5 152.5 152.5 152.5 0.0
Entry Signal

MarketClub’s Trade Triangles for USDLRD

long term down The long-term trend has been DOWN since May 2nd, 2022 at 151.60

intermediate term up The intermediate-term trend has been UP since Jun 27th, 2022 at 152.25

short term up The short-term trend has been UP since Jun 27th, 2022 at 152.00

Smart Scan Analysis for USDLRD

Based on our trend formula, USDLRD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDLRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
152.5 152.5 152.5 152.5 0.0
Prev. Close Volume Bid Ask Time
152.5 2022-06-27 12:56:14
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