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.
MarketClub’s Trade Triangles for IQDGBP
The long-term trend has been DOWN since Jul 29th, 2020 at 0.00065616
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 0.00063717
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).