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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

US Dollar/Libyan Dinar (FOREX:USDLYD)

Long-Term Downtrend (-90) - USDLYD is in a strong downtrend that is likely to continue. While USDLYD 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 USDLYD?

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

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

FOREX_USDLYD
Open High Low USDLYD Price Change
4.8087783 4.8087783 4.8087783 4.8087783 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDLYD

long term down The long-term trend has been DOWN since Dec 18th, 2023 at 4.7950000

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2024 at 4.8250000

short term down The short-term trend has been DOWN since Feb 22nd, 2024 at 4.8413105

Smart Scan Analysis for USDLYD

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

-90
Smart Scan Analysis for USDLYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8087783 4.8087783 4.8087783 4.8087783 0.0000000
Prev. Close Volume Bid Ask Time
4.8198407 2024-03-16 22:37:13
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