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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

Australian Dollar/British Pound (FOREX:AUDGBP)

Weak Downtrend (-65) - AUDGBP is showing signs of a strengthening downtrend. Monitor AUDGBP as it may be building momentum to the downside.

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
0.56041404 0.56060500 0.55730500 0.55771000 -0.00270400
Entry Signal

MarketClub’s Trade Triangles for AUDGBP

long term up The long-term trend has been UP since Dec 11th, 2020 at 0.5716

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.5548

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 0.5577

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).

-70
Smart Scan Analysis for AUDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.56041404 0.56060500 0.55730500 0.55771000 -0.00270400
Prev. Close Volume Bid Ask Time
0.56041404 2021-03-03 16:36:17
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