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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.

FOREX_USDLYD
Open High Low USDLYD Price Change
4.595 4.605 4.595 4.605 +0.010
Entry Signal

MarketClub’s Trade Triangles for USDLYD

long term up The long-term trend has been UP since Aug 12th, 2021 at 4.5263319

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2021 at 4.5550000

short term down 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).

+85
Smart Scan Analysis for USDLYD
Strong Downtrend Sideways 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
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