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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
British Pound/Iraqi Dinar (FOREX:GBPIQD)
Bear Market Rally (-75) - GBPIQD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPIQD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GBPIQD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPIQD.
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 GBPIQD
The long-term trend has been DOWN since Apr 2nd, 2024 at 1644.2113
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 1655.4342
The short-term trend has been UP since Apr 25th, 2024 at 1634.7643
Smart Scan Analysis for GBPIQD
Based on our trend formula, GBPIQD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1638.7591 | 1638.7591 | 1637.6703 | 1637.6703 | -1.0888 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1638.7591 | 2024-04-25 21:00:50 |