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Forex Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

British Pound/Algerian Dinar (FOREX:GBPDZD)

Bull Market Weakness (+75) - GBPDZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPDZD as it may be in the beginning stages of a reversal.

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

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

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

FOREX_GBPDZD
Open High Low GBPDZD Price Change
188.18789 188.42145 188.18789 188.31822 +0.13033
Entry Signal

MarketClub’s Trade Triangles for GBPDZD

long term up The long-term trend has been UP since Apr 14th, 2020 at 158.48426

intermediate term down The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 183.86447

short term up The short-term trend has been UP since Apr 18th, 2021 at 182.98740

Smart Scan Analysis for GBPDZD

Based on our trend formula, GBPDZD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
188.18789 188.42145 188.18789 188.31822 +0.13033
Prev. Close Volume Bid Ask Time
188.18789 2021-05-12 05:05:52
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