Forex Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
Libyan Dinar/British Pound (FOREX:LYDGBP)
Crossroads (-60) - LYDGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid LYDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for LYDGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LYDGBP
The long-term trend has been DOWN since Aug 18th, 2020 at 0.55703484
The intermediate-term trend has been UP since Apr 12th, 2021 at 0.16062280
The short-term trend has been UP since Apr 6th, 2021 at 0.15965397
Smart Scan Analysis for LYDGBP
Based on our trend formula, LYDGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).