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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Special drawing rights/British Pound (FOREX:XDRGBP)
Crossroads (-60) - XDRGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XDRGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDRGBP.
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 XDRGBP
The long-term trend has been DOWN since Mar 13th, 2025 at 1.0269740
The intermediate-term trend has been UP since Apr 6th, 2025 at 1.0317848
The short-term trend has been UP since May 2nd, 2025 at 1.0420937
Smart Scan Analysis for XDRGBP
Based on our trend formula, XDRGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0453052 | 1.0453052 | 1.0453052 | 1.0453052 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0453052 | 2025-05-04 11:00:59 |