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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Libyan Dinar/British Pound (FOREX:LYDGBP)

Sidelines Mode (+50) - LYDGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until LYDGBP can gain momentum.

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
0.16183753 0.16183753 0.16183753 0.16183753 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LYDGBP

long term down The long-term trend has been DOWN since May 23rd, 2024 at 0.16249721

intermediate term up The intermediate-term trend has been UP since Nov 19th, 2024 at 0.15950653

short term up The short-term trend has been UP since Nov 19th, 2024 at 0.16017237

Smart Scan Analysis for LYDGBP

Based on our trend formula, LYDGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for LYDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.16183753 0.16183753 0.16183753 0.16183753 0.00000000
Prev. Close Volume Bid Ask Time
0.16183753 2024-11-20 19:11:55
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