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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.

FOREX_AUDGBP
Open High Low AUDGBP Price Change
0.54320519 0.54360000 0.54290000 0.54323000 +0.00002500
Entry Signal

MarketClub’s Trade Triangles for AUDGBP

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 0.5471

intermediate term down The intermediate-term trend has been DOWN since Mar 24th, 2023 at 0.5427

short term down 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).

-90
Smart Scan Analysis for AUDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.54320519 0.54360000 0.54290000 0.54323000 +0.00002500
Prev. Close Volume Bid Ask Time
0.54320519 2023-03-28 01:12:03
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