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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Armenian Dram/British Pound (FOREX:AMDGBP)
Bear Market Rally (-75) - AMDGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AMDGBP as it may be in the beginning of a reversal.
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 DOWN since Jul 5th, 2024 at 0.00202333
The intermediate-term trend has been DOWN since Jul 5th, 2024 at 0.00202333
The short-term trend has been UP since Jul 21st, 2024 at 0.00199695
Smart Scan Analysis for AMDGBP
Based on our trend formula, AMDGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00201374 | 0.00201399 | 0.00201374 | 0.00201399 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00201374 | 2024-07-26 14:00:13 |