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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Iraqi Dinar/British Pound (FOREX:IQDGBP)

Sidelines Mode (+55) - IQDGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_IQDGBP
Open High Low IQDGBP Price Change
0.0006105 0.0006109 0.0006105 0.0006109 0.0000000
Entry Signal

MarketClub’s Trade Triangles for IQDGBP

long term up The long-term trend has been UP since Apr 2nd, 2024 at 0.00060847

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00060434

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 0.00061199

Smart Scan Analysis for IQDGBP

Based on our trend formula, IQDGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for IQDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0006105 0.0006109 0.0006105 0.0006109 0.0000000
Prev. Close Volume Bid Ask Time
0.0006105 2024-04-25 21:00:50
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