Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
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.
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 UP since Mar 4th, 2020 at 0.55158525
The short-term trend has been UP since Mar 12th, 2020 at 0.55320670
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).