Forex Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
British Pound/Australian Dollar (FOREX:GBPAUD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for GBPAUD
The long term trend has been UP since Sep 19th, 2019 at 1.8415750
The intermediate term trend has been UP since Aug 4th, 2019 at 1.7983000
The short term trend has been UP since Dec 4th, 2019 at 1.9123765
Smart Scan Analysis for GBPAUD
Based on a pre-defined weighted trend formula for chart analysis, GBPAUD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).