Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
/US Dollar (FOREX:LRDUSD)
Strong Downtrend (-100) - LRDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, LRDUSD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid LRDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for LRDUSD.
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 LRDUSD
The long-term trend has been DOWN since Jan 23rd, 2025 at 0.00518149
The intermediate-term trend has been DOWN since Jan 23rd, 2025 at 0.00527368
The short-term trend has been DOWN since Jan 15th, 2025 at 0.00557890
Smart Scan Analysis for LRDUSD
Based on our trend formula, LRDUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00508936 | 0.00508936 | 0.00508936 | 0.00508936 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00507627 | 2025-01-29 12:39:06 |