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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Euro/Libyan Dinar (FOREX:EURLYD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURLYD
Open High Low EURLYD Price Change
1.5928 1.5928 1.5928 1.5928 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURLYD

long term down The long term trend has been DOWN since Oct 28th, 2018 at 1.5831

intermediate term down The intermediate term trend has been DOWN since Nov 9th, 2018 at 1.5804

short term up The short term trend has been UP since Dec 13th, 2018 at 1.5893

Smart Scan Analysis for EURLYD

Based on a pre-defined weighted trend formula for chart analysis, EURLYD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for EURLYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5928 1.5928 1.5928 1.5928 0.0000
Prev. Close Volume Bid Ask Time
1.5928 1.5628 1.6228 2018-12-13 20:57:22
Want to analyze Euro/Libyan Dinar EURLYD or another symbol? Try our Free Forex Trend Analysis Report.