Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Iraqi Dinar (FOREX:GBPIQD)
Bull Market Weakness (+75) - GBPIQD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPIQD as it may be in the beginning stages of a reversal.
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 UP since Jun 10th, 2024 at 1677.3332
The intermediate-term trend has been UP since Jul 7th, 2024 at 1671.4313
The short-term trend has been DOWN since Jul 21st, 2024 at 1699.2562
Smart Scan Analysis for GBPIQD
Based on our trend formula, GBPIQD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1685.7202 | 1685.7202 | 1685.1709 | 1685.1709 | -0.5493 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1685.7202 | 2024-07-26 14:00:13 |