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Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
British Pound/Libyan Dinar (FOREX:GBPLYD)
Bear Market Rally (-75) - GBPLYD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPLYD as it may be in the beginning 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.
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MarketClub’s Trade Triangles for GBPLYD
The long-term trend has been DOWN since Mar 8th, 2023 at 5.7764125
The intermediate-term trend has been DOWN since Mar 8th, 2023 at 5.7764125
The short-term trend has been UP since Mar 10th, 2023 at 5.7962021
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.8509303 | 5.8509303 | 5.8509303 | 5.8509303 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.8509303 | 2023-03-18 03:55:53 |