Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
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.
MarketClub’s Trade Triangles for GBPAUD
The long-term trend has been DOWN since Dec 11th, 2020 at 1.749850
The intermediate-term trend has been UP since Feb 26th, 2021 at 1.802325
The short-term trend has been UP since Feb 26th, 2021 at 1.793100
Smart Scan Analysis for GBPAUD
Based on our trend formula, GBPAUD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).