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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
British Pound/Libyan Dinar (FOREX:GBPLYD)
Sidelines Mode (+50) - GBPLYD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPLYD can gain momentum.
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 DOWN since Dec 24th, 2024 at 6.1624951
The intermediate-term trend has been UP since Feb 2nd, 2025 at 6.1377210
The short-term trend has been UP since Jan 26th, 2025 at 6.0789302
Smart Scan Analysis for GBPLYD
Based on our trend formula, GBPLYD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.1798635 | 6.1798635 | 6.1798635 | 6.1798635 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.1798635 | 2025-02-22 01:41:05 |