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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
British Pound/Armenian Dram (FOREX:GBPAMD)
Sidelines Mode (+55) - GBPAMD 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 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.
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MarketClub’s Trade Triangles for GBPAMD
The long-term trend has been UP since Mar 27th, 2025 at 511.53424
The intermediate-term trend has been UP since Apr 16th, 2025 at 511.93064
The short-term trend has been DOWN since May 3rd, 2025 at 516.94375
Smart Scan Analysis for GBPAMD
Based on our trend formula, GBPAMD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 516.9098 | 516.9098 | 516.9098 | 516.9098 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 516.9098 | 2025-05-03 16:46:28 |