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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

Iraqi Dinar/British Pound (FOREX:IQDGBP)

Sidelines Mode (+50) - IQDGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until IQDGBP can gain momentum.

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
0.00049477 0.00049477 0.00049477 0.00049477 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IQDGBP

long term down The long-term trend has been DOWN since Jul 29th, 2020 at 0.00065616

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2021 at 0.00049444

short term up The short-term trend has been UP since Mar 1st, 2021 at 0.00048555

Smart Scan Analysis for IQDGBP

Based on our trend formula, IQDGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for IQDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00049477 0.00049477 0.00049477 0.00049477 0.00000000
Prev. Close Volume Bid Ask Time
0.00049536 2021-03-07 21:00:28
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