Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

New Zealand Dollar/British Pound (FOREX:NZDGBP)

Crossroads (+60) - NZDGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NZDGBP?

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

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

Open	High	Low	NZDGBP Price	Change
0.47652	0.47660	0.47640	0.47653	+0.00001
Entry Signal

MarketClub’s Trade Triangles for NZDGBP

The long-term trend has been DOWN since Mar 18th, 2024 at 0.477400

The intermediate-term trend has been UP since Apr 9th, 2024 at 0.479385

The short-term trend has been UP since Apr 21st, 2024 at 0.476400

Smart Scan Analysis for NZDGBP

Based on our trend formula, NZDGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.47652	0.47660	0.47640	0.47653	+0.00001
Prev. Close	Volume	Bid	Ask	Time
0.47652				2024-04-25 00:13:52

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