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Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

British Pound/Algerian Dinar (FOREX:GBPDZD)

Bull Market Weakness (+75) - GBPDZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPDZD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPDZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPDZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPDZD
Open High Low GBPDZD Price Change
185.29226 185.58328 184.93227 184.99317 -0.29909
Entry Signal

MarketClub’s Trade Triangles for GBPDZD

long term up The long-term trend has been UP since Apr 14th, 2020 at 158.48426

intermediate term up The intermediate-term trend has been UP since Oct 5th, 2020 at 167.29024

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 186.04992

Smart Scan Analysis for GBPDZD

Based on our trend formula, GBPDZD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
185.29226 185.58328 184.93227 184.99317 -0.29909
Prev. Close Volume Bid Ask Time
185.29226 2021-02-26 17:12:08
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