Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Iraqi Dinar/British Pound (FOREX:IQDGBP)
Weak Uptrend (+65) - IQDGBP is showing signs of weakening momentum to the upside. Monitor IQDGBP as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for IQDGBP
The long-term trend has been UP since Mar 11th, 2020 at 0.00065131
The intermediate-term trend has been UP since May 13th, 2020 at 0.00068343
The short-term trend has been DOWN since May 21st, 2020 at 0.00068401
Smart Scan Analysis for IQDGBP
Based on our trend formula, IQDGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).