Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

British Pound/United Arab Emirates Dirham (FOREX:GBPAED)

Sidelines Mode (-55) - GBPAED 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 ?

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.

FOREX_GBPAED
Open High Low GBPAED Price Change
4.7926250 4.7926250 4.7877967 4.7877967 -0.0048280
Entry Signal

MarketClub’s Trade Triangles for GBPAED

long term up The long-term trend has been UP since Oct 17th, 2019 at 4.6649500

intermediate term down The intermediate-term trend has been DOWN since Feb 4th, 2020 at 4.7633140

short term up The short-term trend has been UP since Feb 13th, 2020 at 4.7590174

Smart Scan Analysis for GBPAED

Based on our trend formula, GBPAED is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GBPAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7926250 4.7926250 4.7877967 4.7877967 -0.0048280
Prev. Close Volume Bid Ask Time
4.7926250 4.7873404 4.7882529 2020-02-17 02:36:35
Get a free daily analysis and signals for British Pound/United Arab Emirates Dirham (GBPAED) - Request Your Free Report.