Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Euro/Libyan Dinar (FOREX:EURLYD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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
1.5894 1.5894 1.5894 1.5894 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURLYD

long term up The long term trend has been UP since Sep 23rd, 2018 at 1.6170

intermediate term down The intermediate term trend has been DOWN since Sep 30th, 2018 at 1.6037

short term down The short term trend has been DOWN since Sep 27th, 2018 at 1.6199

Smart Scan Analysis for EURLYD

Based on a pre-defined weighted trend formula for chart analysis, EURLYD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURLYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5894 1.5894 1.5894 1.5894 0.0000
Prev. Close Volume Bid Ask Time
1.5894 1.5594 1.6194 2018-10-09 21:28:15
Want to analyze Euro/Libyan Dinar EURLYD or another symbol? Try our Free Forex Trend Analysis Report.