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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Iraqi Dinar/British Pound (FOREX:IQDGBP)

Bear Market Rally (-75) - IQDGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IQDGBP as it may be in the beginning of a reversal.

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

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

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

FOREX_IQDGBP
Open High Low IQDGBP Price Change
0.00059348 0.00059368 0.00059348 0.00059368 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IQDGBP

long term down The long-term trend has been DOWN since Jun 10th, 2024 at 0.00059645

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.00059856

short term up The short-term trend has been UP since Jul 21st, 2024 at 0.00058875

Smart Scan Analysis for IQDGBP

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

-75
Smart Scan Analysis for IQDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00059348 0.00059368 0.00059348 0.00059368 0.00000000
Prev. Close Volume Bid Ask Time
0.00059348 2024-07-26 14:00:13
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