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Forex Trend Analysis Report

Prepared for you on Sunday, April 28, 2024.

/Euro (FOREX:LRDEUR)

Sidelines Mode (+55) - LRDEUR 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 LRDEUR?

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

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

FOREX_LRDEUR
Open High Low LRDEUR Price Change
0.00481568 0.00481568 0.00481568 0.00481568 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LRDEUR

long term up The long-term trend has been UP since Apr 22nd, 2024 at 0.00483829

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00475477

short term down The short-term trend has been DOWN since Apr 26th, 2024 at 0.00483338

Smart Scan Analysis for LRDEUR

Based on our trend formula, LRDEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for LRDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00481568 0.00481568 0.00481568 0.00481568 0.00000000
Prev. Close Volume Bid Ask Time
0.00481568 2024-04-28 02:57:11
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