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Forex Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

/British Pound (FOREX:AWGGBP)

Long-Term Downtrend (-90) - AWGGBP is in a strong downtrend that is likely to continue. While AWGGBP 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 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
0.42757789 0.42757789 0.42757789 0.42757789 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AWGGBP

long term down The long-term trend has been DOWN since Jul 27th, 2020 at 0.43561221

intermediate term down The intermediate-term trend has been DOWN since Jul 9th, 2020 at 0.43929319

short term down The short-term trend has been DOWN since Jul 1st, 2020 at 0.44890224

Smart Scan Analysis for AWGGBP

Based on our trend formula, AWGGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AWGGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.42757789 0.42757789 0.42757789 0.42757789 0.00000000
Prev. Close Volume Bid Ask Time
0.42757789 0.42567754 0.42947824 2020-08-04 09:43:12
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