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Forex Trend Analysis Report

Prepared for you on Monday, October 7, 2024.

/British Pound (FOREX:AWGGBP)

Bear Market Rally (-75) - AWGGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AWGGBP as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid AWGGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for AWGGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AWGGBP
Open High Low AWGGBP Price Change
0.42310595 0.42310595 0.42310595 0.42310595 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AWGGBP

long term down The long-term trend has been DOWN since Jul 11th, 2024 at 0.43211039

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2024 at 0.42257138

short term up The short-term trend has been UP since Oct 3rd, 2024 at 0.41652877

Smart Scan Analysis for AWGGBP

Based on our trend formula, AWGGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for AWGGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.42310595 0.42310595 0.42310595 0.42310595 0.00000000
Prev. Close Volume Bid Ask Time
0.42310595 2024-10-04 11:06:36
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