Forex Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
US Dollar/Libyan Dinar (FOREX:USDLYD)
Smart Scan Chart Analysis indicates that the downward 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.
MarketClub’s Trade Triangles for USDLYD
The long term trend has been UP since May 1st, 2018 at 1.34015
The intermediate term trend has been DOWN since Mar 24th, 2019 at 1.38590
The short term trend has been DOWN since Mar 3rd, 2019 at 1.38900
Smart Scan Analysis for USDLYD
Based on a pre-defined weighted trend formula for chart analysis, USDLYD scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).