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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.
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MarketClub’s Trade Triangles for AUDGBP
The long-term trend has been DOWN since Sep 19th, 2019 at 0.543000
The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 0.522000
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).
| 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 |