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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Euro/Libyan Dinar (FOREX:EURLYD)

Countertrend Down (-85) - EURLYD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
5.2752 5.2752 5.2752 5.2752 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURLYD

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 5.3291

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 5.3122

short term up The short-term trend has been UP since Oct 15th, 2021 at 5.2817

Smart Scan Analysis for EURLYD

Based on our trend formula, EURLYD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for EURLYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.2752 5.2752 5.2752 5.2752 0.0000
Prev. Close Volume Bid Ask Time
5.2752 2021-10-27 21:08:46
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