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Forex Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

Libyan Dinar/British Pound (FOREX:LYDGBP)

Countertrend Up (+85) - LYDGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid LYDGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for LYDGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_LYDGBP
Open High Low LYDGBP Price Change
0.16405708 0.16405708 0.16405708 0.16405708 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LYDGBP

long term up The long-term trend has been UP since Jul 19th, 2021 at 0.16127748

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2021 at 0.16075826

short term up The short-term trend has been UP since Nov 8th, 2021 at 0.16075826

Smart Scan Analysis for LYDGBP

Based on our trend formula, LYDGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for LYDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.16405708 0.16405708 0.16405708 0.16405708 0.00000000
Prev. Close Volume Bid Ask Time
0.16405708 2021-12-07 07:25:43
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