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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Libyan Dinar/British Pound (FOREX:LYDGBP)
Countertrend Up (+85) - LYDGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid LYDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for LYDGBP.
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 LYDGBP
The long-term trend has been UP since Apr 14th, 2024 at 0.16507677
The intermediate-term trend has been UP since Apr 14th, 2024 at 0.16459137
The short-term trend has been UP since May 7th, 2024 at 0.16457342
Smart Scan Analysis for LYDGBP
Based on our trend formula, LYDGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.16487896 | 0.16487896 | 0.16484351 | 0.16484351 | -0.00003500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.16487896 | 2024-05-08 21:02:49 |