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Forex Trend Analysis Report

Prepared for you on Friday, April 12, 2024.

Libyan Dinar/US Dollar (FOREX:LYDUSD)

Long-Term Downtrend (-90) - LYDUSD is in a strong downtrend that is likely to continue. While LYDUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid LYDUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for LYDUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_LYDUSD
Open High Low LYDUSD Price Change
0.20455161 0.20455161 0.20455161 0.20455161 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LYDUSD

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 0.20529042

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 0.20613658

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 0.20613658

Smart Scan Analysis for LYDUSD

Based on our trend formula, LYDUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for LYDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20455161 0.20455161 0.20455161 0.20455161 0.00000000
Prev. Close Volume Bid Ask Time
0.20679890 2024-04-10 21:04:00
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