Forex Trend Analysis Report
Prepared for you on Wednesday, January 27, 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.
MarketClub’s Trade Triangles for USDLYD
The long-term trend has been UP since Jan 5th, 2021 at 1.3800000
The intermediate-term trend has been UP since Jan 5th, 2021 at 1.3462757
The short-term trend has been DOWN since Jan 22nd, 2021 at 4.4631490
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).