Forex Trend Analysis Report
Prepared for you on Friday, June 2, 2023.
/British Pound (FOREX:AWGGBP)
Crossroads (-60) - AWGGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for AWGGBP
The long-term trend has been DOWN since Mar 30th, 2023 at 0.44812494
The intermediate-term trend has been UP since May 18th, 2023 at 0.44651378
The short-term trend has been UP since May 12th, 2023 at 0.44301948
Smart Scan Analysis for AWGGBP
Based on our trend formula, AWGGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).