Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Australian Dollar/British Pound (FOREX:AUDGBP)
Bull Market Weakness (+75) - AUDGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDGBP as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for AUDGBP
The long-term trend has been DOWN since Oct 20th, 2020 at 0.543185
The intermediate-term trend has been UP since Nov 9th, 2020 at 0.555500
The short-term trend has been UP since Nov 24th, 2020 at 0.551185
Smart Scan Analysis for AUDGBP
Based on our trend formula, AUDGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).