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Forex Trend Analysis Report

Prepared for you on Tuesday, April 20, 2021.

US Dollar/ (FOREX:USDLRD)

Weak Downtrend (-65) - USDLRD is showing signs of a strengthening downtrend. Monitor USDLRD as it may be building momentum to the downside.

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
172.6 172.6 172.6 172.6 0.0
Entry Signal

MarketClub’s Trade Triangles for USDLRD

long term up The long-term trend has been UP since Mar 1st, 2021 at 173.425

intermediate term down The intermediate-term trend has been DOWN since Mar 25th, 2021 at 173.400

short term down The short-term trend has been DOWN since Mar 8th, 2021 at 173.900

Smart Scan Analysis for USDLRD

Based on our trend formula, USDLRD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDLRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
172.6 172.6 172.6 172.6 0.0
Prev. Close Volume Bid Ask Time
172.6 2021-04-16 10:57:25
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