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Forex Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
British Pound/Australian Dollar (FOREX:GBPAUD)
Strong Downtrend (-100) - GBPAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPAUD continues to fall. Traders should use caution and set stops.
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 DOWN since Mar 1st, 2022 at 1.838750
The intermediate-term trend has been DOWN since Jul 19th, 2022 at 1.743990
The short-term trend has been DOWN since Aug 4th, 2022 at 1.735535
Smart Scan Analysis for GBPAUD
Based on our trend formula, GBPAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.72420 | 1.72520 | 1.72083 | 1.72083 | -0.00337 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.72420 | 2022-08-11 05:37:56 |