Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

/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
0.00388611 0.00388951 0.00388611 0.00388951 +0.00000300
Entry Signal

MarketClub’s Trade Triangles for LRDGBP

long term up The long-term trend has been UP since Dec 17th, 2019 at 0.00404298

intermediate term down The intermediate-term trend has been DOWN since Jan 16th, 2020 at 0.00402065

short term down The short-term trend has been DOWN since Feb 13th, 2020 at 0.00389624

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
0.00388611 0.00388951 0.00388611 0.00388951 +0.00000300
Prev. Close Volume Bid Ask Time
0.00388611 0.00384035 0.00393866 2020-02-18 21:03:22
Get a free daily analysis and signals for /British Pound (LRDGBP) - Request Your Free Report.