Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Special drawing rights/British Pound (FOREX:XDRGBP)
Long-Term Downtrend (-90) - XDRGBP is in a strong downtrend that is likely to continue. While XDRGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid XDRGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDRGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for XDRGBP
The long-term trend has been DOWN since Mar 13th, 2025 at 1.0269740
The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 1.0530463
The short-term trend has been DOWN since Mar 29th, 2025 at 1.0219600
Smart Scan Analysis for XDRGBP
Based on our trend formula, XDRGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0213778 | 1.0213778 | 1.0213778 | 1.0213778 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0250735 | 2025-03-29 17:28:32 |