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Forex Trend Analysis Report

Prepared for you on Tuesday, June 28, 2022.

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

Strong Downtrend (-100) - GBPAED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPAED continues to fall. 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.

FOREX_GBPAED
Open High Low GBPAED Price Change
4.476306 4.476306 4.476306 4.476306 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPAED

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 5.0249814

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 4.5436609

short term down The short-term trend has been DOWN since Jun 7th, 2022 at 4.5870510

Smart Scan Analysis for GBPAED

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

-100
Smart Scan Analysis for GBPAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.476306 4.476306 4.476306 4.476306 0.000000
Prev. Close Volume Bid Ask Time
4.476306 2022-06-28 18:00:39
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