Forex Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
US Dollar/Libyan Dinar (FOREX:USDLYD)
Long-Term Downtrend (-90) - USDLYD is in a strong downtrend that is likely to continue. While USDLYD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Jan 5th, 2023 at 4.8150000
The intermediate-term trend has been DOWN since Mar 24th, 2023 at 4.7800000
The short-term trend has been DOWN since Mar 15th, 2023 at 4.8259665
Smart Scan Analysis for USDLYD
Based on our trend formula, USDLYD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).