Forex Trend Analysis Report
Prepared for you on Saturday, December 2, 2023.
Libyan Dinar/British Pound (FOREX:LYDGBP)
Strong Downtrend (-100) - LYDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, LYDGBP continues to fall. Traders should use caution and set stops.
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 DOWN since Dec 1st, 2023 at 0.16480219
The intermediate-term trend has been DOWN since Oct 18th, 2023 at 0.16783372
The short-term trend has been DOWN since Nov 12th, 2023 at 0.16822064
Smart Scan Analysis for LYDGBP
Based on our trend formula, LYDGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).