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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

British Pound/Australian Dollar (FOREX:GBPAUD)

Bull Market Weakness (+75) - GBPAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.

FOREX_GBPAUD
Open High Low GBPAUD Price Change
1.810165 1.821445 1.807745 1.817935 +0.007770
Entry Signal

MarketClub’s Trade Triangles for GBPAUD

long term up The long-term trend has been UP since Oct 20th, 2020 at 1.841025

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2020 at 1.800380

short term up The short-term trend has been UP since Dec 1st, 2020 at 1.816455

Smart Scan Analysis for GBPAUD

Based on our trend formula, GBPAUD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.810165 1.821445 1.807745 1.817935 +0.007770
Prev. Close Volume Bid Ask Time
1.810165 2020-12-04 10:10:46
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