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.
MarketClub’s Trade Triangles for AMDGBP
The long-term trend has been UP since Mar 2nd, 2023 at 0.00214205
The intermediate-term trend has been DOWN since Mar 18th, 2023 at 0.00213545
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).