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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

British Pound/New Zealand Dollar (FOREX:GBPNZD)

Strong Uptrend (+100) - GBPNZD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPNZD 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 GBPNZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPNZD
Open High Low GBPNZD Price Change
2.088505 2.096600 2.087600 2.093630 +0.005125
Entry Signal

MarketClub’s Trade Triangles for GBPNZD

long term up The long-term trend has been UP since Mar 18th, 2024 at 2.09460

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2024 at 2.08282

short term up The short-term trend has been UP since Mar 14th, 2024 at 2.08320

Smart Scan Analysis for GBPNZD

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

+100
Smart Scan Analysis for GBPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.088505 2.096600 2.087600 2.093630 +0.005125
Prev. Close Volume Bid Ask Time
2.088505 2024-03-18 22:38:56
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