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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
British Pound/Australian Dollar (FOREX:GBPAUD)
Weak Uptrend (+65) - GBPAUD is showing signs of weakening momentum to the upside. Monitor GBPAUD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPAUD.
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 GBPAUD
The long-term trend has been UP since Jan 17th, 2024 at 1.934165
The intermediate-term trend has been UP since Apr 16th, 2024 at 1.944845
The short-term trend has been DOWN since Apr 19th, 2024 at 1.931300
Smart Scan Analysis for GBPAUD
Based on our trend formula, GBPAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.912615 | 1.922265 | 1.911125 | 1.919555 | +0.006940 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.912615 | 2024-04-23 16:13:50 |