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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

Libyan Dinar/British Pound (FOREX:LYDGBP)

Strong Downtrend (-100) - LYDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, LYDGBP continues to fall. Traders should use caution and set stops.

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.

FOREX_LYDGBP
Open High Low LYDGBP Price Change
0.16238145 0.16238145 0.16238145 0.16238145 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LYDGBP

long term down The long-term trend has been DOWN since May 23rd, 2024 at 0.16249721

intermediate term down The intermediate-term trend has been DOWN since May 16th, 2024 at 0.16362409

short term down The short-term trend has been DOWN since May 10th, 2024 at 0.16454455

Smart Scan Analysis for LYDGBP

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

-100
Smart Scan Analysis for LYDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.16238145 0.16238145 0.16238145 0.16238145 0.00000000
Prev. Close Volume Bid Ask Time
0.16238145 2024-05-23 07:26:13
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