Forex Trend Analysis Report
Prepared for you on Monday, July 15, 2019.
Libyan Dinar/British Pound (FOREX:LYDGBP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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 UP since May 19th, 2019 at 0.560025
The intermediate term trend has been UP since May 15th, 2019 at 0.554990
The short term trend has been DOWN since Jul 11th, 2019 at 0.569660
Smart Scan Analysis for LYDGBP
Based on a pre-defined weighted trend formula for chart analysis, LYDGBP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).