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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

British Pound/Australian Dollar (FOREX:GBPAUD)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPAUD
Open High Low GBPAUD Price Change
1.888785 1.896300 1.885350 1.892000 +0.003215
Entry Signal

MarketClub’s Trade Triangles for GBPAUD

long term up The long term trend has been UP since Sep 19th, 2019 at 1.841575

intermediate term down The intermediate term trend has been DOWN since Dec 19th, 2019 at 1.889405

short term down The short term trend has been DOWN since Jan 20th, 2020 at 1.888375

Smart Scan Analysis for GBPAUD

Based on a pre-defined weighted trend formula for chart analysis, GBPAUD scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for GBPAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.888785 1.896300 1.885350 1.892000 +0.003215
Prev. Close Volume Bid Ask Time
1.888785 1.891700 1.892300 2020-01-20 13:14:01
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