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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
British Pound/Libyan Dinar (FOREX:GBPLYD)
Crossroads (-60) - GBPLYD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for GBPLYD
The long-term trend has been UP since May 23rd, 2024 at 6.1541524
The intermediate-term trend has been DOWN since Oct 18th, 2024 at 6.2850314
The short-term trend has been DOWN since Oct 4th, 2024 at 6.2879761
Smart Scan Analysis for GBPLYD
Based on our trend formula, GBPLYD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.2434814 | 6.2434814 | 6.2434814 | 6.2434814 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.2599425 | 2024-10-22 07:25:25 |