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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/Libyan Dinar (FOREX:EURLYD)
Bull Market Weakness (+75) - EURLYD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURLYD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURLYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURLYD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURLYD
The long-term trend has been UP since May 16th, 2024 at 5.258
The intermediate-term trend has been UP since Jul 7th, 2024 at 5.261
The short-term trend has been DOWN since Jul 21st, 2024 at 5.268
Smart Scan Analysis for EURLYD
Based on our trend formula, EURLYD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.246 | 5.246 | 5.246 | 5.246 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.246 | 2024-07-26 14:00:15 |