Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Iraqi Dinar/British Pound (FOREX:IQDGBP)
Weak Downtrend (-65) - IQDGBP is showing signs of a strengthening downtrend. Monitor IQDGBP as it may be building momentum to the downside.
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 Jul 19th, 2021 at 0.00049904
The intermediate-term trend has been DOWN since Oct 14th, 2021 at 0.00049946
The short-term trend has been DOWN since Oct 7th, 2021 at 0.00050426
Smart Scan Analysis for IQDGBP
Based on our trend formula, IQDGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).