Forex Trend Analysis Report
Prepared for you on Tuesday, August 4, 2020.
Libyan Dinar/British Pound (FOREX:LYDGBP)
Weak Downtrend (-65) - LYDGBP is showing signs of a strengthening downtrend. Monitor LYDGBP as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for LYDGBP
The long-term trend has been UP since Mar 4th, 2020 at 0.55158525
The intermediate-term trend has been DOWN since Jul 10th, 2020 at 0.56921070
The short-term trend has been DOWN since Jul 21st, 2020 at 0.57058215
Smart Scan Analysis for LYDGBP
Based on our trend formula, LYDGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).