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Forex Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

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
0.00049248 0.00049248 0.00049248 0.00049248 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IQDGBP

long term down The long-term trend has been DOWN since Jul 29th, 2020 at 0.00065616

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2020 at 0.00063717

short term up The short-term trend has been UP since Mar 1st, 2021 at 0.00048555

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
0.00049248 0.00049248 0.00049248 0.00049248 0.00000000
Prev. Close Volume Bid Ask Time
0.00049354 2021-03-01 21:27:56
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