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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

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
158.01083 158.94608 157.62311 158.57868 +0.56785
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 down The intermediate-term trend has been DOWN since May 13th, 2020 at 157.49719

short term up The short-term trend has been UP since May 19th, 2020 at 157.56499

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
158.01083 158.94608 157.62311 158.57868 +0.56785
Prev. Close Volume Bid Ask Time
158.01083 158.02339 159.13397 2020-05-29 17:18:37
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