Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Australian Dollar/British Pound (FOREX:AUDGBP)
Long-Term Downtrend (-90) - AUDGBP is in a strong downtrend that is likely to continue. While AUDGBP is showing intraday strength, it remains in the confines of a bearish trend. 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.
MarketClub’s Trade Triangles for AUDGBP
The long-term trend has been DOWN since Mar 10th, 2023 at 0.5471
The intermediate-term trend has been DOWN since Mar 24th, 2023 at 0.5427
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 -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).