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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

Iraqi Dinar/British Pound (FOREX:IQDGBP)

Crossroads (-60) - IQDGBP 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 IQDGBP?

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

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

FOREX_IQDGBP
Open High Low IQDGBP Price Change
0.00060040 0.00060040 0.00060005 0.00060005 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IQDGBP

long term up The long-term trend has been UP since Apr 2nd, 2024 at 0.00060847

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2024 at 0.00060816

short term down The short-term trend has been DOWN since May 12th, 2024 at 0.00061000

Smart Scan Analysis for IQDGBP

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

-60
Smart Scan Analysis for IQDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00060040 0.00060040 0.00060005 0.00060005 0.00000000
Prev. Close Volume Bid Ask Time
0.00060040 2024-05-24 15:47:48
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