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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.
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MarketClub’s Trade Triangles for GBPAUD
The long-term trend has been UP since Oct 20th, 2020 at 1.841025
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 1.800380
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).
| 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 |