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Forex Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

Euro/Libyan Dinar (FOREX:EURLYD)

Strong Downtrend (-100) - EURLYD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_EURLYD
Open High Low EURLYD Price Change
1.5261 1.5261 1.5261 1.5261 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURLYD

long term down The long-term trend has been DOWN since Mar 17th, 2020 at 1.5284

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2020 at 1.5321

short term down The short-term trend has been DOWN since Apr 5th, 2020 at 1.5239

Smart Scan Analysis for EURLYD

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

-100
Smart Scan Analysis for EURLYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5261 1.5261 1.5261 1.5261 0.0000
Prev. Close Volume Bid Ask Time
1.5261 1.4961 1.5561 2020-04-06 21:07:43
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