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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

British Pound/Iraqi Dinar (FOREX:GBPIQD)

Crossroads (-60) - GBPIQD 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 GBPIQD?

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

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

FOREX_GBPIQD
Open High Low GBPIQD Price Change
2007.2543 2007.2543 2007.2543 2007.2543 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPIQD

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 2004.4590

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 2002.7651

short term up The short-term trend has been UP since Oct 7th, 2021 at 1983.7246

Smart Scan Analysis for GBPIQD

Based on our trend formula, GBPIQD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPIQD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2007.2543 2007.2543 2007.2543 2007.2543 0.0000
Prev. Close Volume Bid Ask Time
2007.2543 2021-10-28 07:20:38
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