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Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

British Pound/Iraqi Dinar (FOREX:GBPIQD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPIQD
Open High Low GBPIQD Price Change
1536.55 1536.55 1536.55 1536.55 0.00
Entry Signal

MarketClub’s Trade Triangles for GBPIQD

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 1520.55

intermediate term up The intermediate term trend has been UP since Dec 30th, 2018 at 1515.65

short term up The short term trend has been UP since Jan 7th, 2019 at 1520.70

Smart Scan Analysis for GBPIQD

Based on a pre-defined weighted trend formula for chart analysis, GBPIQD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for GBPIQD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1536.55 1536.55 1536.55 1536.55 0.00
Prev. Close Volume Bid Ask Time
1536.55 1502.90 1570.20 2019-01-14 20:58:58
Want to analyze British Pound/Iraqi Dinar GBPIQD or another symbol? Try our Free Forex Trend Analysis Report.