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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Australian Dollar/British Pound (FOREX:AUDGBP)

Crossroads (+60) - AUDGBP is struggling to move into a solid trend. Beware of choppy markets 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
0.54249499 0.54460000 0.54240000 0.54387500 +0.00138000
Entry Signal

MarketClub’s Trade Triangles for AUDGBP

long term down The long-term trend has been DOWN since Apr 1st, 2021 at 0.54782932

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 0.53750000

short term up The short-term trend has been UP since Oct 20th, 2021 at 0.54280000

Smart Scan Analysis for AUDGBP

Based on our trend formula, AUDGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for AUDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.54249499 0.54460000 0.54240000 0.54387500 +0.00138000
Prev. Close Volume Bid Ask Time
0.54249499 2021-10-20 09:55:00
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