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Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

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
0.52316 0.52450 0.52130 0.52330 +0.00014
Entry Signal

MarketClub’s Trade Triangles for AUDGBP

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 0.547100

intermediate term up The intermediate-term trend has been UP since Nov 1st, 2023 at 0.525805

short term down The short-term trend has been DOWN since Nov 29th, 2023 at 0.521000

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
0.52316 0.52450 0.52130 0.52330 +0.00014
Prev. Close Volume Bid Ask Time
0.52316 2023-11-30 19:55:58
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