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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Iraqi Dinar/British Pound (FOREX:IQDGBP)

Sidelines Mode (+55) - IQDGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.00056682 0.00056682 0.00056682 0.00056682 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IQDGBP

long term up The long-term trend has been UP since Jul 19th, 2021 at 0.00049904

intermediate term down The intermediate-term trend has been DOWN since Jul 25th, 2022 at 0.00056999

short term up The short-term trend has been UP since Aug 17th, 2022 at 0.00056631

Smart Scan Analysis for IQDGBP

Based on our trend formula, IQDGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for IQDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00056682 0.00056682 0.00056682 0.00056682 0.00000000
Prev. Close Volume Bid Ask Time
0.00056682 2022-08-17 07:25:07
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