Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
British Pound/Iraqi Dinar (FOREX:GBPIQD)
Strong Uptrend (+100) - GBPIQD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPIQD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for GBPIQD
The long-term trend has been UP since Jul 29th, 2020 at 1524.7739
The intermediate-term trend has been UP since Nov 9th, 2020 at 1570.1445
The short-term trend has been UP since Feb 14th, 2021 at 2019.5454
Smart Scan Analysis for GBPIQD
Based on our trend formula, GBPIQD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).