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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

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
1.8434000 1.8434000 1.8424515 1.8427350 -0.0006650
Entry Signal

MarketClub’s Trade Triangles for GBPAUD

long term up The long-term trend has been UP since May 19th, 2021 at 1.826575

intermediate term down The intermediate-term trend has been DOWN since Oct 11th, 2021 at 1.860695

short term down The short-term trend has been DOWN since Oct 20th, 2021 at 1.842575

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
1.8434000 1.8434000 1.8424515 1.8427350 -0.0006650
Prev. Close Volume Bid Ask Time
1.8434000 2021-10-20 00:27:01
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