Forex Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
British Pound/Australian Dollar (FOREX:GBPAUD)
Long-Term Uptrend (+90) - GBPAUD is in a strong uptrend that is likely to continue. While GBPAUD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Sep 19th, 2019 at 1.841575
The intermediate-term trend has been UP since Jan 22nd, 2020 at 1.915620
The short-term trend has been UP since Feb 20th, 2020 at 1.951875
Smart Scan Analysis for GBPAUD
Based on our trend formula, GBPAUD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).