Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, October 16, 2019.

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
1.561 1.561 1.561 1.561 0.000
Entry Signal

MarketClub’s Trade Triangles for EURLYD

long term down The long term trend has been DOWN since Aug 1st, 2019 at 1.5605

intermediate term up The intermediate term trend has been UP since Oct 13th, 2019 at 1.5574

short term up The short term trend has been UP since Oct 13th, 2019 at 1.5529

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
1.561 1.561 1.561 1.561 0.000
Prev. Close Volume Bid Ask Time
1.561 1.531 1.591 2019-10-13 05:35:50
Want to analyze Euro/Libyan Dinar EURLYD or another symbol? Try our Free Forex Trend Analysis Report.