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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Australian Dollar/British Pound (FOREX:AUDGBP)

Weak Downtrend (-65) - AUDGBP is showing signs of a strengthening downtrend. Monitor AUDGBP as it may be building momentum to the downside.

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
0.51453000 0.51921500 0.51440000 0.51873351 +0.00420400
Entry Signal

MarketClub’s Trade Triangles for AUDGBP

long term down The long-term trend has been DOWN since Jan 17th, 2024 at 0.516900

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.514100

short term up The short-term trend has been UP since Apr 19th, 2024 at 0.517815

Smart Scan Analysis for AUDGBP

Based on our trend formula, AUDGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for AUDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.51453000 0.51921500 0.51440000 0.51873351 +0.00420400
Prev. Close Volume Bid Ask Time
0.51453000 2024-04-19 17:07:10
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