Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
US Dollar/Libyan Dinar (FOREX:USDLYD)
Bull Market Weakness (+75) - USDLYD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDLYD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for USDLYD
The long-term trend has been UP since Aug 12th, 2021 at 4.5263319
The intermediate-term trend has been UP since Sep 22nd, 2021 at 4.5300000
The short-term trend has been DOWN since Oct 14th, 2021 at 4.5578440
Smart Scan Analysis for USDLYD
Based on our trend formula, USDLYD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).