Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

Armenian Dram/British Pound (FOREX:AMDGBP)

Bull Market Weakness (+75) - AMDGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AMDGBP as it may be in the beginning stages 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.

FOREX_AMDGBP
Open High Low AMDGBP Price Change
0.00203616 0.00203616 0.00203616 0.00203616 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AMDGBP

long term up The long-term trend has been UP since Mar 28th, 2024 at 0.00199019

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2024 at 0.00196231

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 0.00204781

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).

+75
Smart Scan Analysis for AMDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00203616 0.00203616 0.00203616 0.00203616 0.00000000
Prev. Close Volume Bid Ask Time
0.00202829 2024-04-14 22:03:59
Get a free daily analysis and signals for Armenian Dram/British Pound (AMDGBP) - Request Your Free Report.