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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Libyan Dinar/British Pound (FOREX:LYDGBP)

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

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
0.16084209 0.16084209 0.16084209 0.16084209 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 Jul 7th, 2024 at 0.16093471

short term up The short-term trend has been UP since Jul 25th, 2024 at 0.16041849

Smart Scan Analysis for LYDGBP

Based on our trend formula, LYDGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for LYDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.16084209 0.16084209 0.16084209 0.16084209 0.00000000
Prev. Close Volume Bid Ask Time
0.16084209 2024-07-26 14:00:15
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