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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.
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MarketClub’s Trade Triangles for USDLYD
The long-term trend has been UP since Nov 6th, 2024 at 4.8300000
The intermediate-term trend has been UP since Oct 4th, 2024 at 4.7793357
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).
| 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 |