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Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

British Pound/Libyan Dinar (FOREX:GBPLYD)

Long-Term Downtrend (-90) - GBPLYD is in a strong downtrend that is likely to continue. While GBPLYD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
5.9098179 5.9098179 5.9098179 5.9098179 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPLYD

long term down The long-term trend has been DOWN since Apr 4th, 2022 at 6.0910707

intermediate term down The intermediate-term trend has been DOWN since Jun 2nd, 2022 at 5.9615487

short term down The short-term trend has been DOWN since Jun 2nd, 2022 at 5.9615487

Smart Scan Analysis for GBPLYD

Based on our trend formula, GBPLYD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPLYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.9098179 5.9098179 5.9098179 5.9098179 0.0000000
Prev. Close Volume Bid Ask Time
5.9126135 2022-06-20 07:17:52
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