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Forex Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

British Pound/Algerian Dinar (FOREX:GBPDZD)

Strong Downtrend (-100) - GBPDZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPDZD continues to fall. Traders should use caution and set stops.

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
177.32068 177.75685 177.07264 177.17702 -0.14366
Entry Signal

MarketClub’s Trade Triangles for GBPDZD

long term down The long-term trend has been DOWN since Apr 22nd, 2022 at 185.16569

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 180.35407

short term down The short-term trend has been DOWN since Jun 28th, 2022 at 178.57640

Smart Scan Analysis for GBPDZD

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

-100
Smart Scan Analysis for GBPDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
177.32068 177.75685 177.07264 177.17702 -0.14366
Prev. Close Volume Bid Ask Time
177.32068 2022-07-04 20:34:08
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