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Forex Trend Analysis Report

Prepared for you on Friday, January 21, 2022.

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.

FOREX_AMDGBP
Open High Low AMDGBP Price Change
0.00152985 0.00152985 0.00152985 0.00152985 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AMDGBP

long term up The long-term trend has been UP since Jun 23rd, 2021 at 0.00139475

intermediate term up The intermediate-term trend has been UP since Dec 30th, 2021 at 0.00154253

short term down The short-term trend has been DOWN since Jan 12th, 2022 at 0.00154287

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).

+55
Smart Scan Analysis for AMDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00152985 0.00152985 0.00152985 0.00152985 0.00000000
Prev. Close Volume Bid Ask Time
0.00152663 2022-01-12 07:19:47
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