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Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2024.

US Dollar/ (FOREX:USDLRD)

Sidelines Mode (+50) - USDLRD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDLRD can gain momentum.

Is it time to buy, sell, or avoid USDLRD?

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

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

FOREX_USDLRD
Open High Low USDLRD Price Change
179.59424 179.59424 179.59424 179.59424 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDLRD

long term down The long-term trend has been DOWN since Oct 4th, 2024 at 193.84100

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2024 at 184.50000

short term up The short-term trend has been UP since Dec 5th, 2024 at 180.05784

Smart Scan Analysis for USDLRD

Based on our trend formula, USDLRD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for USDLRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
179.59424 179.59424 179.59424 179.59424 0.00000
Prev. Close Volume Bid Ask Time
179.59424 2024-12-10 07:25:10
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