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Forex Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

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

Crossroads (-60) - GBPAED is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
5.0249814 5.0571163 5.0249814 5.0571163 +0.0321350
Entry Signal

MarketClub’s Trade Triangles for GBPAED

long term up The long-term trend has been UP since Jul 24th, 2020 at 4.6968709

intermediate term down The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 5.0734487

short term down The short-term trend has been DOWN since Apr 7th, 2021 at 5.0750400

Smart Scan Analysis for GBPAED

Based on our trend formula, GBPAED is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.0249814 5.0571163 5.0249814 5.0571163 +0.0321350
Prev. Close Volume Bid Ask Time
5.0249814 2021-04-12 09:11:20
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