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Forex Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
US Dollar/Libyan Dinar (FOREX:USDLYD)
Countertrend Up (+85) - USDLYD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for USDLYD
The long-term trend has been UP since Aug 12th, 2021 at 4.5263319
The intermediate-term trend has been UP since Nov 8th, 2021 at 4.5550000
The short-term trend has been DOWN since Dec 8th, 2021 at 4.6000000
Smart Scan Analysis for USDLYD
Based on our trend formula, USDLYD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.595 | 4.605 | 4.595 | 4.605 | +0.010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.595 | 2021-12-08 12:34:32 |