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Forex Trend Analysis Report

Prepared for you on Thursday, August 6, 2020.

British Pound/ (FOREX:GBPAMD)

Strong Uptrend (+100) - GBPAMD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPAMD 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 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
638.75385 638.75385 638.75385 638.75385 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPAMD

long term up The long-term trend has been UP since Jul 2nd, 2020 at 602.01888

intermediate term up The intermediate-term trend has been UP since Jul 2nd, 2020 at 602.01888

short term up The short-term trend has been UP since Jul 22nd, 2020 at 611.42488

Smart Scan Analysis for GBPAMD

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

+100
Smart Scan Analysis for GBPAMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
638.75385 638.75385 638.75385 638.75385 0.00000
Prev. Close Volume Bid Ask Time
638.75385 605.49350 672.01420 2020-07-31 07:32:38
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