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Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

British Pound/Australian Dollar (FOREX:GBPAUD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low GBPAUD Price Change
1.842645 1.856010 1.842355 1.846865 +0.004220
Entry Signal

MarketClub’s Trade Triangles for GBPAUD

long term up The long term trend has been UP since Sep 7th, 2018 at 1.805120

intermediate term up The intermediate term trend has been UP since Aug 29th, 2018 at 1.769380

short term down The short term trend has been DOWN since Oct 14th, 2018 at 1.847235

Smart Scan Analysis for GBPAUD

Based on a pre-defined weighted trend formula for chart analysis, GBPAUD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.842645 1.856010 1.842355 1.846865 +0.004220
Prev. Close Volume Bid Ask Time
1.842645 1.846760 1.846970 2018-10-16 22:43:31
Want to analyze British Pound/Australian Dollar GBPAUD or another symbol? Try our Free Forex Trend Analysis Report.