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Forex Trend Analysis Report

Prepared for you on Thursday, November 15, 2018.

Australian Dollar/British Pound (FOREX:AUDGBP)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low AUDGBP Price Change
0.559265 0.571120 0.558800 0.568800 +0.009535
Entry Signal

MarketClub’s Trade Triangles for AUDGBP

long term down The long term trend has been DOWN since Sep 5th, 2018 at 0.55400

intermediate term up The intermediate term trend has been UP since Oct 28th, 2018 at 0.55387

short term up The short term trend has been UP since Nov 15th, 2018 at 0.56094

Smart Scan Analysis for AUDGBP

Based on a pre-defined weighted trend formula for chart analysis, AUDGBP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for AUDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.559265 0.571120 0.558800 0.568800 +0.009535
Prev. Close Volume Bid Ask Time
0.559265 0.568750 0.568850 2018-11-15 22:21:47
Want to analyze Australian Dollar/British Pound AUDGBP or another symbol? Try our Free Forex Trend Analysis Report.