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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

British Pound/Australian Dollar (FOREX:GBPAUD)

Bear Market Rally (-75) - GBPAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPAUD as it may be in the beginning of a reversal.

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
1.7769850 1.7828693 1.7689350 1.7789000 +0.0019150
Entry Signal

MarketClub’s Trade Triangles for GBPAUD

long term down The long-term trend has been DOWN since Dec 11th, 2020 at 1.7498500

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2021 at 1.7742177

short term up The short-term trend has been UP since Feb 24th, 2021 at 1.7904550

Smart Scan Analysis for GBPAUD

Based on our trend formula, GBPAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GBPAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7769850 1.7828693 1.7689350 1.7789000 +0.0019150
Prev. Close Volume Bid Ask Time
1.7769850 2021-02-25 17:37:56
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