Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
/US Dollar (FOREX:LRDUSD)
Long-Term Downtrend (-90) - LRDUSD is in a strong downtrend that is likely to continue. While LRDUSD is showing intraday strength, it remains in the confines of a bearish trend. 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 Apr 4th, 2023 at 0.00620353
The intermediate-term trend has been DOWN since Sep 6th, 2023 at 0.00536933
The short-term trend has been DOWN since Mar 13th, 2024 at 0.00519634
Smart Scan Analysis for LRDUSD
Based on our trend formula, LRDUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00519092 | 0.00519092 | 0.00519092 | 0.00519092 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.00519092 | 2024-03-20 10:42:06 |