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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Australian Dollar/British Pound (FOREX:AUDGBP)

Countertrend Down (-85) - AUDGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.494610 0.495600 0.487800 0.490025 -0.004585
Entry Signal

MarketClub’s Trade Triangles for AUDGBP

long term down The long-term trend has been DOWN since Sep 19th, 2019 at 0.543000

intermediate term down The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 0.522000

short term up The short-term trend has been UP since Mar 31st, 2020 at 0.502155

Smart Scan Analysis for AUDGBP

Based on our trend formula, AUDGBP is rated as a -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
0.494610 0.495600 0.487800 0.490025 -0.004585
Prev. Close Volume Bid Ask Time
0.494610 0.489950 0.490100 2020-04-01 14:34:27
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