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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Armenian Dram/British Pound (FOREX:AMDGBP)
Bull Market Weakness (+75) - AMDGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AMDGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AMDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for AMDGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AMDGBP
The long-term trend has been UP since Mar 28th, 2024 at 0.00199019
The intermediate-term trend has been UP since Mar 19th, 2024 at 0.00196231
The short-term trend has been UP since Apr 21st, 2024 at 0.00204506
Smart Scan Analysis for AMDGBP
Based on our trend formula, AMDGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00207085 | 0.00207085 | 0.00207085 | 0.00207085 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00207085 | 2024-04-24 21:01:01 |