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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Armenian Dram/British Pound (FOREX:AMDGBP)
Sidelines Mode (-55) - AMDGBP 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 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 Nov 18th, 2024 at 0.00204317
The intermediate-term trend has been DOWN since Nov 27th, 2024 at 0.00205071
The short-term trend has been UP since Dec 10th, 2024 at 0.00196934
Smart Scan Analysis for AMDGBP
Based on our trend formula, AMDGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00203568 | 0.00203568 | 0.00203568 | 0.00203568 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00197359 | 2024-12-21 08:23:54 |