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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
British Pound/United Arab Emirates Dirham (FOREX:GBPAED)
Long-Term Downtrend (-90) - GBPAED is in a strong downtrend that is likely to continue. While GBPAED is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPAED.
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 GBPAED
The long-term trend has been DOWN since Nov 14th, 2024 at 4.6544929
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 4.8163859
The short-term trend has been DOWN since Jan 8th, 2025 at 4.5527611
Smart Scan Analysis for GBPAED
Based on our trend formula, GBPAED is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.4854920 | 4.4882783 | 4.4684335 | 4.4807134 | -0.0047790 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.4854920 | 2025-01-20 06:40:08 |