Forex Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Australian Dollar/British Pound (FOREX:AUDGBP)
Crossroads (+60) - AUDGBP 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 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.
MarketClub’s Trade Triangles for AUDGBP
The long-term trend has been DOWN since Apr 1st, 2021 at 0.54782932
The intermediate-term trend has been UP since Oct 11th, 2021 at 0.53750000
The short-term trend has been UP since Oct 20th, 2021 at 0.54280000
Smart Scan Analysis for AUDGBP
Based on our trend formula, AUDGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).