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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

British Pound/Australian Dollar (FOREX:GBPAUD)

Strong Uptrend (+100) - GBPAUD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPAUD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
1.9635650 1.9700361 1.9590000 1.9663343 +0.0027690
Entry Signal

MarketClub’s Trade Triangles for GBPAUD

long term up The long-term trend has been UP since Jul 22nd, 2024 at 1.94788

intermediate term up The intermediate-term trend has been UP since Jul 12th, 2024 at 1.92379

short term up The short-term trend has been UP since Jul 8th, 2024 at 1.90363

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).

+100
Smart Scan Analysis for GBPAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9635650 1.9700361 1.9590000 1.9663343 +0.0027690
Prev. Close Volume Bid Ask Time
1.9635650 2024-07-26 19:48:09
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