Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Libyan Dinar/US Dollar (FOREX:LYDUSD)
Bear Market Rally (-75) - LYDUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on LYDUSD as it may be in the beginning 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 DOWN since Aug 12th, 2021 at 0.22093643
The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 0.22091772
The short-term trend has been UP since Oct 15th, 2021 at 0.21940910
Smart Scan Analysis for LYDUSD
Based on our trend formula, LYDUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).