Forex Trend Analysis Report
Prepared for you on Thursday, February 21, 2019.
Libyan Dinar/US Dollar (FOREX:LYDUSD)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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.
MarketClub’s Trade Triangles for LYDUSD
The long term trend has been UP since Jan 9th, 2019 at 0.724405
The intermediate term trend has been DOWN since Feb 15th, 2019 at 0.719295
The short term trend has been UP since Feb 19th, 2019 at 0.719805
Smart Scan Analysis for LYDUSD
Based on a pre-defined weighted trend formula for chart analysis, LYDUSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).