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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.
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MarketClub’s Trade Triangles for GBPLYD
The long-term trend has been DOWN since Apr 4th, 2022 at 6.0910707
The intermediate-term trend has been DOWN since Jun 2nd, 2022 at 5.9615487
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).
| 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 |