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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.

FOREX_GBPAUD
Open High Low GBPAUD Price Change
1.8999828 1.9048058 1.8987900 1.9001850 +0.0002020
Entry Signal

MarketClub’s Trade Triangles for GBPAUD

long term up The long-term trend has been UP since Mar 10th, 2023 at 1.827230

intermediate term down The intermediate-term trend has been DOWN since Sep 11th, 2023 at 1.944800

short term down 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).

-70
Smart Scan Analysis for GBPAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8999828 1.9048058 1.8987900 1.9001850 +0.0002020
Prev. Close Volume Bid Ask Time
1.8999828 2023-09-24 20:57:24
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