Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, October 11, 2024.
Euro/Libyan Dinar (FOREX:EURLYD)
Weak Downtrend (-65) - EURLYD is showing signs of a strengthening downtrend. Monitor EURLYD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURLYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURLYD.
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 EURLYD
The long-term trend has been UP since May 16th, 2024 at 5.258
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 5.293
The short-term trend has been DOWN since Oct 4th, 2024 at 5.297
Smart Scan Analysis for EURLYD
Based on our trend formula, EURLYD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.259 | 5.259 | 5.259 | 5.259 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.259 | 2024-10-05 02:19:15 |
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