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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Armenian Dram/British Pound (FOREX:AMDGBP)
Strong Uptrend (+100) - AMDGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AMDGBP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid AMDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for AMDGBP.
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 AMDGBP
The long-term trend has been UP since Mar 28th, 2024 at 0.00199019
The intermediate-term trend has been UP since Mar 19th, 2024 at 0.00196231
The short-term trend has been UP since Apr 21st, 2024 at 0.00204506
Smart Scan Analysis for AMDGBP
Based on our trend formula, AMDGBP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00207929 | 0.00207929 | 0.00207929 | 0.00207929 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00207929 | 2024-05-09 07:26:26 |