No, but it's not lucky unless you turn it around.
It's two tips should be facing upwards, like a "U" in order to "collect" the luck.
luck
A horse shoe is traditionally hung with the ends up. This is to hold or keep the luck in. Hanging a horse shoe with the open side down is not so much bad luck as it is to let your luck run out.
A horse shoe often symbolizes luck, good luck, or a lucky charm.
A turned up horse shoe (so it looks like a shoe) crossed fingers
- four leaf clover - rabbits foot - horse shoe
for good luck, you should always put a horseshoe upwards never downwards
Rings, horseshoe and otherwise, do not bring luck, shape or anything else.
Four leaf clover, rabbits foot, horse shoe.
A hores shoe hung over the door in a U shape is supposed to be good luck but an upside down one is bad luck.
A farrier or horseshoer will trim the feet, then size and shape the shoe before using horseshoe nails or a special glue to apply them to the horse's foot.
Toe down and heels up so that the luck doesn't run out.