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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

Australian Dollar/British Pound (FOREX:AUDGBP)

Strong Downtrend (-100) - AUDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AUDGBP continues to fall. Traders should use caution 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.

FOREX_AUDGBP
Open High Low AUDGBP Price Change
0.54328 0.54370 0.54170 0.54182 -0.00146
Entry Signal

MarketClub’s Trade Triangles for AUDGBP

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 0.5471

intermediate term down The intermediate-term trend has been DOWN since Mar 24th, 2023 at 0.5427

short term down The short-term trend has been DOWN since Mar 24th, 2023 at 0.5427

Smart Scan Analysis for AUDGBP

Based on our trend formula, AUDGBP is rated as a -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
0.54328 0.54370 0.54170 0.54182 -0.00146
Prev. Close Volume Bid Ask Time
0.54328 2023-03-29 03:05:22
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