Forex Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
British Pound/Australian Dollar (FOREX:GBPAUD)
Weak Downtrend (-65) - GBPAUD is showing signs of a strengthening downtrend. Monitor GBPAUD as it may be building momentum to the downside.
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 UP since Mar 10th, 2023 at 1.827230
The intermediate-term trend has been DOWN since Sep 11th, 2023 at 1.944800
The short-term trend has been DOWN since Sep 10th, 2023 at 1.949545
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).