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Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

Euro/Libyan Dinar (FOREX:EURLYD)

Sidelines Mode (+55) - EURLYD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
5.4151 5.4151 5.4151 5.4151 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURLYD

long term up The long-term trend has been UP since Jun 5th, 2020 at 1.5875

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 5.4108

short term down The short-term trend has been DOWN since Feb 18th, 2021 at 5.3907

Smart Scan Analysis for EURLYD

Based on our trend formula, EURLYD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURLYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.4151 5.4151 5.4151 5.4151 0.0000
Prev. Close Volume Bid Ask Time
5.3780 2021-02-24 07:23:15
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