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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

US Dollar/Libyan Dinar (FOREX:USDLYD)

Bear Market Rally (-75) - USDLYD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDLYD as it may be in the beginning 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.

FOREX_USDLYD
Open High Low USDLYD Price Change
4.8477211 4.8550000 4.8477211 4.8550000 +0.0072790
Entry Signal

MarketClub’s Trade Triangles for USDLYD

long term down The long-term trend has been DOWN since Jun 13th, 2024 at 4.7961324

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 4.8251780

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 4.8290551

Smart Scan Analysis for USDLYD

Based on our trend formula, USDLYD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for USDLYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8477211 4.8550000 4.8477211 4.8550000 +0.0072790
Prev. Close Volume Bid Ask Time
4.8401367 2024-06-17 18:09:49
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