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Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2024.

Australian Dollar/British Pound (FOREX:AUDGBP)

Sidelines Mode (+55) - AUDGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_AUDGBP
Open High Low AUDGBP Price Change
0.51794762 0.51807085 0.51745500 0.51806500 +0.00011700
Entry Signal

MarketClub’s Trade Triangles for AUDGBP

long term up The long-term trend has been UP since May 3rd, 2024 at 0.525025

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2024 at 0.521100

short term up The short-term trend has been UP since Jul 10th, 2024 at 0.527400

Smart Scan Analysis for AUDGBP

Based on our trend formula, AUDGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for AUDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.51794762 0.51807085 0.51745500 0.51806500 +0.00011700
Prev. Close Volume Bid Ask Time
0.51794762 2024-07-21 15:41:59
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