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Forex Trend Analysis Report

Prepared for you on Monday, January 30, 2023.

British Pound/United Arab Emirates Dirham (FOREX:GBPAED)

Strong Uptrend (+100) - GBPAED is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPAED continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid GBPAED?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPAED.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPAED
Open High Low GBPAED Price Change
4.5475041 4.5526456 4.5475041 4.5526456 +0.0051410
Entry Signal

MarketClub’s Trade Triangles for GBPAED

long term up The long-term trend has been UP since Dec 1st, 2022 at 4.4615441

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2023 at 4.4917264

short term up The short-term trend has been UP since Jan 26th, 2023 at 4.5634575

Smart Scan Analysis for GBPAED

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

+100
Smart Scan Analysis for GBPAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5475041 4.5526456 4.5475041 4.5526456 +0.0051410
Prev. Close Volume Bid Ask Time
4.5475041 2023-01-29 17:00:38
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