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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

US Dollar/Libyan Dinar (FOREX:USDLYD)

Countertrend Up (+85) - USDLYD 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 USDLYD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDLYD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDLYD
Open High Low USDLYD Price Change
4.8720535 4.8720535 4.8720535 4.8720535 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDLYD

long term up The long-term trend has been UP since Apr 10th, 2024 at 4.8713089

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 4.8340791

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 4.8339220

Smart Scan Analysis for USDLYD

Based on our trend formula, USDLYD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for USDLYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8720535 4.8720535 4.8720535 4.8720535 0.0000000
Prev. Close Volume Bid Ask Time
4.8720535 2024-04-22 21:00:59
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