Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Armenian Dram/British Pound (FOREX:AMDGBP)
Countertrend Up (+85) - AMDGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for AMDGBP
The long-term trend has been UP since Nov 18th, 2024 at 0.00204317
The intermediate-term trend has been UP since Oct 9th, 2024 at 0.00197833
The short-term trend has been UP since Oct 3rd, 2024 at 0.00196659
Smart Scan Analysis for AMDGBP
Based on our trend formula, AMDGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00205071 | 0.00205071 | 0.00205071 | 0.00205071 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00205071 | 2024-11-18 07:25:24 |