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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

Australian Dollar/British Pound (FOREX:AUDGBP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management 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.

FOREX_AUDGBP
Open High Low AUDGBP Price Change
0.552150 0.552500 0.550300 0.550345 -0.001805
Entry Signal

MarketClub’s Trade Triangles for AUDGBP

long term down The long term trend has been DOWN since Sep 5th, 2018 at 0.554000

intermediate term down The intermediate term trend has been DOWN since Aug 29th, 2018 at 0.565155

short term up The short term trend has been UP since Sep 19th, 2018 at 0.549660

Smart Scan Analysis for AUDGBP

Based on a pre-defined weighted trend formula for chart analysis, AUDGBP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for AUDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.552150 0.552500 0.550300 0.550345 -0.001805
Prev. Close Volume Bid Ask Time
0.552150 0.550300 0.550390 2018-09-20 06:41:48
Want to analyze Australian Dollar/British Pound AUDGBP or another symbol? Try our Free Forex Trend Analysis Report.