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Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
/British Pound (FOREX:AWGGBP)
Crossroads (-60) - AWGGBP 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 AWGGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for AWGGBP.
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 AWGGBP
The long-term trend has been UP since Apr 10th, 2024 at 0.44300410
The intermediate-term trend has been DOWN since May 7th, 2024 at 0.44239767
The short-term trend has been DOWN since Apr 30th, 2024 at 0.44580013
Smart Scan Analysis for AWGGBP
Based on our trend formula, AWGGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.44381394 | 0.44405632 | 0.44381394 | 0.44405632 | +0.00024200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.44405632 | 2024-05-08 12:16:56 |