Forex Trend Analysis Report
Prepared for you on Monday, October 7, 2024.
British Pound/United Arab Emirates Dirham (FOREX:GBPAED)
Weak Downtrend (-65) - GBPAED is showing signs of a strengthening downtrend. Monitor GBPAED as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for GBPAED
The long-term trend has been UP since Jul 11th, 2024 at 4.7221419
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 4.8163859
The short-term trend has been DOWN since Oct 1st, 2024 at 4.9111683
Smart Scan Analysis for GBPAED
Based on our trend formula, GBPAED is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
4.8000157 | 4.8024960 | 4.8000157 | 4.8024960 | +0.0024800 |
Prev. Close | Volume | Bid | Ask | Time |
4.8000157 | 2024-10-07 07:26:57 |