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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
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.
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MarketClub’s Trade Triangles for AUDGBP
The long-term trend has been DOWN since Jul 22nd, 2024 at 0.513295
The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 0.509070
The short-term trend has been DOWN since Dec 16th, 2024 at 0.501600
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.49745300 | 0.49757184 | 0.49733925 | 0.49757184 | +0.00011900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.49745300 | 2024-12-21 06:34:19 |