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Forex Trend Analysis Report

Prepared for you on Sunday, December 8, 2024.

US Dollar/Libyan Dinar (FOREX:USDLYD)

Sidelines Mode (+55) - USDLYD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
4.8829843 4.8829843 4.8829843 4.8829843 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDLYD

long term up The long-term trend has been UP since Nov 6th, 2024 at 4.8300000

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2024 at 4.7793357

short term down The short-term trend has been DOWN since Dec 4th, 2024 at 4.8750000

Smart Scan Analysis for USDLYD

Based on our trend formula, USDLYD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDLYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8829843 4.8829843 4.8829843 4.8829843 0.0000000
Prev. Close Volume Bid Ask Time
4.8829843 2024-12-07 04:22:57
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