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Forex Trend Analysis Report

Prepared for you on Tuesday, February 11, 2025.

British Pound/Armenian Dram (FOREX:GBPAMD)

Weak Downtrend (-65) - GBPAMD is showing signs of a strengthening downtrend. Monitor GBPAMD as it may be building momentum to the downside.

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

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

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

FOREX_GBPAMD
Open High Low GBPAMD Price Change
497.50528 498.61163 497.50528 498.58166 +1.07638
Entry Signal

MarketClub’s Trade Triangles for GBPAMD

long term down The long-term trend has been DOWN since Nov 18th, 2024 at 491.90030

intermediate term up The intermediate-term trend has been UP since Jan 24th, 2025 at 494.05383

short term down The short-term trend has been DOWN since Feb 2nd, 2025 at 498.06738

Smart Scan Analysis for GBPAMD

Based on our trend formula, GBPAMD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for GBPAMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
497.50528 498.61163 497.50528 498.58166 +1.07638
Prev. Close Volume Bid Ask Time
497.50528 2025-02-09 23:17:08
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