Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
British Pound/Armenian Dram (FOREX:GBPAMD)
Crossroads (-60) - GBPAMD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPAMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPAMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPAMD
The long-term trend has been DOWN since Nov 18th, 2024 at 491.90030
The intermediate-term trend has been UP since Jan 24th, 2025 at 494.05383
The short-term trend has been UP since Feb 17th, 2025 at 500.09944
Smart Scan Analysis for GBPAMD
Based on our trend formula, GBPAMD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 498.27867 | 498.27867 | 498.27867 | 498.27867 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 498.27867 | 2025-02-22 01:41:03 |