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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Iraqi Dinar/British Pound (FOREX:IQDGBP)
Countertrend Up (+85) - IQDGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid IQDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for IQDGBP.
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 IQDGBP
The long-term trend has been UP since Apr 2nd, 2024 at 0.00060847
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00060434
The short-term trend has been UP since May 8th, 2024 at 0.00061000
Smart Scan Analysis for IQDGBP
Based on our trend formula, IQDGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00061113 | 0.00061113 | 0.00061113 | 0.00061113 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00061113 | 2024-05-08 21:02:47 |