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Forex Trend Analysis Report

Prepared for you on Sunday, April 21, 2024.

US Dollar/Libyan Dinar (FOREX:USDLYD)

Bull Market Weakness (+75) - USDLYD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDLYD as it may be in the beginning stages of a reversal.

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
4.8795837 4.8795837 4.8600000 4.8600000 -0.0195840
Entry Signal

MarketClub’s Trade Triangles for USDLYD

long term up The long-term trend has been UP since Apr 10th, 2024 at 4.8713089

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 4.8340791

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 4.8339220

Smart Scan Analysis for USDLYD

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

+75
Smart Scan Analysis for USDLYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8795837 4.8795837 4.8600000 4.8600000 -0.0195840
Prev. Close Volume Bid Ask Time
4.8685629 2024-04-19 12:18:51
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