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Forex Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

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
0.56590 0.56855 0.56410 0.56730 +0.00140
Entry Signal

MarketClub’s Trade Triangles for AUDGBP

long term up The long-term trend has been UP since Mar 1st, 2022 at 0.54390000

intermediate term down The intermediate-term trend has been DOWN since Jun 19th, 2022 at 0.56620000

short term up The short-term trend has been UP since Jun 28th, 2022 at 0.56645898

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
0.56590 0.56855 0.56410 0.56730 +0.00140
Prev. Close Volume Bid Ask Time
0.56590 2022-06-29 21:49:56
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