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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
US Dollar/Libyan Dinar (FOREX:USDLYD)
Bull Market Weakness (+75) - USDLYD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDLYD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDLYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDLYD.
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 USDLYD
The long-term trend has been UP since Apr 10th, 2024 at 4.8713089
The intermediate-term trend has been UP since Mar 28th, 2024 at 4.8340791
The short-term trend has been DOWN since May 1st, 2024 at 4.8666542
Smart Scan Analysis for USDLYD
Based on our trend formula, USDLYD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.8554666 | 4.8650000 | 4.8554666 | 4.8571163 | +0.0016500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.8554666 | 2024-05-08 21:02:49 |