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Forex Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
British Pound/Libyan Dinar (FOREX:GBPLYD)
Weak Uptrend (+65) - GBPLYD is showing signs of weakening momentum to the upside. Monitor 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.
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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 UP since Dec 1st, 2024 at 6.1792461
The short-term trend has been DOWN since Nov 19th, 2024 at 6.2434814
Smart Scan Analysis for GBPLYD
Based on our trend formula, GBPLYD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.2292119 | 6.2292119 | 6.2292119 | 6.2292119 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.2292119 | 2024-12-01 21:06:28 |