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Forex Trend Analysis Report

Prepared for you on Sunday, January 17, 2021.

/British Pound (FOREX:LRDGBP)

Crossroads (-60) - LRDGBP 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 LRDGBP?

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

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

FOREX_LRDGBP
Open High Low LRDGBP Price Change
0.00436595 0.00436595 0.00436423 0.00436423 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for LRDGBP

long term up The long-term trend has been UP since Oct 29th, 2020 at 0.00403580

intermediate term down The intermediate-term trend has been DOWN since Dec 8th, 2020 at 0.00475288

short term down The short-term trend has been DOWN since Dec 14th, 2020 at 0.00467443

Smart Scan Analysis for LRDGBP

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

-60
Smart Scan Analysis for LRDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00436595 0.00436595 0.00436423 0.00436423 -0.00000200
Prev. Close Volume Bid Ask Time
0.00436595 2021-01-16 06:07:05
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