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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

Armenian Dram/British Pound (FOREX:AMDGBP)

Weak Downtrend (-65) - AMDGBP is showing signs of a strengthening downtrend. Monitor AMDGBP as it may be building momentum to the downside.

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.

FOREX_AMDGBP
Open High Low AMDGBP Price Change
0.00213465 0.00213465 0.00213465 0.00213465 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AMDGBP

long term up The long-term trend has been UP since Mar 2nd, 2023 at 0.00214205

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2023 at 0.00213545

short term down The short-term trend has been DOWN since Mar 18th, 2023 at 0.00215890

Smart Scan Analysis for AMDGBP

Based on our trend formula, AMDGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for AMDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00213465 0.00213465 0.00213465 0.00213465 0.00000000
Prev. Close Volume Bid Ask Time
0.00213465 2023-03-18 03:55:50
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