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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Euro/Libyan Dinar (FOREX:EURLYD)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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
1.6146 1.6146 1.6146 1.6146 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURLYD

long term down The long term trend has been DOWN since Nov 14th, 2017 at 1.6120

intermediate term up The intermediate term trend has been UP since Oct 11th, 2017 at 1.6120

short term up The short term trend has been UP since Nov 23rd, 2017 at 1.6188

Smart Scan Analysis for EURLYD

Based on a pre-defined weighted trend formula for chart analysis, EURLYD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for EURLYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6146 1.6146 1.6146 1.6146 0.0000
Prev. Close Volume Bid Ask Time
1.6117 1.5846 1.6446 2017-12-04 19:11:22
Want to analyze Euro/Libyan Dinar EURLYD or another symbol? Try our Free Forex Trend Analysis Report.