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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

British Pound/Libyan Dinar (FOREX:GBPLYD)

Countertrend Down (-85) - GBPLYD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

FOREX_GBPLYD
Open High Low GBPLYD Price Change
1.7346286 1.7400045 1.7346286 1.7400045 +0.0053760
Entry Signal

MarketClub’s Trade Triangles for GBPLYD

long term down The long-term trend has been DOWN since Mar 4th, 2020 at 1.8136442

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2020 at 1.7564953

short term up The short-term trend has been UP since May 21st, 2020 at 1.7393203

Smart Scan Analysis for GBPLYD

Based on our trend formula, GBPLYD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GBPLYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7346286 1.7400045 1.7346286 1.7400045 +0.0053760
Prev. Close Volume Bid Ask Time
1.7254350 1.7064999 1.7735090 2020-05-21 21:08:20
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