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Forex Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
British Pound/Iraqi Dinar (FOREX:GBPIQD)
Strong Downtrend (-100) - GBPIQD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPIQD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for GBPIQD
The long-term trend has been DOWN since Nov 18th, 2024 at 1659.7429
The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 1651.2438
The short-term trend has been DOWN since Dec 23rd, 2024 at 1656.3197
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1594.9136 | 1594.9136 | 1594.9136 | 1594.9136 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1594.9136 | 2025-01-14 07:25:21 |