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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

Australian Dollar/British Pound (FOREX:AUDGBP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_AUDGBP
Open High Low AUDGBP Price Change
0.51966951 0.52000000 0.51780000 0.51931000 -0.00036000
Entry Signal

MarketClub’s Trade Triangles for AUDGBP

long term down The long term trend has been DOWN since Sep 19th, 2019 at 0.54300000

intermediate term down The intermediate term trend has been DOWN since Aug 4th, 2019 at 0.55607000

short term down The short term trend has been DOWN since Dec 4th, 2019 at 0.52310104

Smart Scan Analysis for AUDGBP

Based on a pre-defined weighted trend formula for chart analysis, AUDGBP scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for AUDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.51966951 0.52000000 0.51780000 0.51931000 -0.00036000
Prev. Close Volume Bid Ask Time
0.51966951 0.51917000 0.51945000 2019-12-09 13:41:25
Want to analyze Australian Dollar/British Pound AUDGBP or another symbol? Try our Free Forex Trend Analysis Report.