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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Australian Dollar/British Pound (FOREX:AUDGBP)

Bull Market Weakness (+75) - AUDGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDGBP as it may be in the beginning stages of a reversal.

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

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

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

FOREX_AUDGBP
Open High Low AUDGBP Price Change
0.5157 0.5162 0.5153 0.5159 +0.0002
Entry Signal

MarketClub’s Trade Triangles for AUDGBP

long term down The long-term trend has been DOWN since Jan 17th, 2024 at 0.51690

intermediate term up The intermediate-term trend has been UP since Mar 21st, 2024 at 0.51874

short term up The short-term trend has been UP since Mar 20th, 2024 at 0.51610

Smart Scan Analysis for AUDGBP

Based on our trend formula, AUDGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for AUDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5157 0.5162 0.5153 0.5159 +0.0002
Prev. Close Volume Bid Ask Time
0.5157 2024-03-29 05:29:22
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