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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

British Pound/Libyan Dinar (FOREX:GBPLYD)

Bull Market Weakness (+75) - GBPLYD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPLYD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPLYD?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPLYD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPLYD
Open High Low GBPLYD Price Change
6.2932983 6.2932983 6.2932983 6.2932983 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPLYD

long term up The long-term trend has been UP since Aug 18th, 2020 at 1.7958537

intermediate term up The intermediate-term trend has been UP since Dec 17th, 2020 at 1.8165857

short term up The short-term trend has been UP since Feb 4th, 2021 at 6.1274996

Smart Scan Analysis for GBPLYD

Based on our trend formula, GBPLYD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPLYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.2932983 6.2932983 6.2932983 6.2932983 0.0000000
Prev. Close Volume Bid Ask Time
6.1821777 2021-02-24 07:23:15
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