Forex Trend Analysis Report
Prepared for you on Wednesday, February 26, 2020.
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.
MarketClub’s Trade Triangles for GBPNZD
The long-term trend has been UP since Sep 13th, 2019 at 1.9416
The intermediate-term trend has been UP since Jan 22nd, 2020 at 1.9841
The short-term trend has been UP since Feb 18th, 2020 at 2.0301
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).