Forex Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
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.
MarketClub’s Trade Triangles for GBPLYD
The long-term trend has been UP since Oct 13th, 2019 at 1.7666000
The intermediate-term trend has been UP since Feb 13th, 2020 at 1.8384293
The short-term trend has been DOWN since Feb 20th, 2020 at 1.8415299
Smart Scan Analysis for GBPLYD
Based on our trend formula, GBPLYD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).