Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Libyan Dinar/US Dollar (FOREX:LYDUSD)
Bull Market Weakness (+75) - LYDUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LYDUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LYDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for LYDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LYDUSD
The long-term trend has been UP since Dec 6th, 2022 at 0.20457749
The intermediate-term trend has been UP since Mar 17th, 2023 at 0.20772018
The short-term trend has been UP since Mar 17th, 2023 at 0.20741376
Smart Scan Analysis for LYDUSD
Based on our trend formula, LYDUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).