Forex Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
Libyan Dinar/British Pound (FOREX:LYDGBP)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.
MarketClub’s Trade Triangles for LYDGBP
The long term trend has been DOWN since Oct 13th, 2019 at 0.56627000
The intermediate term trend has been UP since Dec 23rd, 2019 at 0.55016756
The short term trend has been UP since Jan 8th, 2020 at 0.54488933
Smart Scan Analysis for LYDGBP
Based on a pre-defined weighted trend formula for chart analysis, LYDGBP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).