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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Euro/Libyan Dinar (FOREX:EURLYD)
Strong Downtrend (-100) - EURLYD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURLYD continues to fall. Traders should use caution and set stops.
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 DOWN since Oct 22nd, 2024 at 5.212
The intermediate-term trend has been DOWN since Dec 4th, 2024 at 5.150
The short-term trend has been DOWN since Nov 19th, 2024 at 5.208
Smart Scan Analysis for EURLYD
Based on our trend formula, EURLYD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.103 | 5.103 | 5.103 | 5.103 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.103 | 2024-12-24 21:00:04 |