Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

British Pound/New Zealand Dollar (FOREX:GBPNZD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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_GBPNZD
Open High Low GBPNZD Price Change
1.95789 1.95800 1.95250 1.95475 -0.00314
Entry Signal

MarketClub’s Trade Triangles for GBPNZD

long term down The long term trend has been DOWN since Jun 4th, 2018 at 1.89160

intermediate term up The intermediate term trend has been UP since Jun 20th, 2018 at 1.92552

short term up The short term trend has been UP since Jul 11th, 2018 at 1.95280

Smart Scan Analysis for GBPNZD

Based on a pre-defined weighted trend formula for chart analysis, GBPNZD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for GBPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.95789 1.95800 1.95250 1.95475 -0.00314
Prev. Close Volume Bid Ask Time
1.95789 1.95448 1.95502 2018-07-16 04:47:26
Want to analyze British Pound/New Zealand Dollar GBPNZD or another symbol? Try our Free Forex Trend Analysis Report.