Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

British Pound/New Zealand Dollar (FOREX:GBPNZD)

Crossroads (-60) - GBPNZD 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 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.

Open	High	Low	GBPNZD Price	Change
2.098535	2.099000	2.098000	2.098700	+0.000165
Entry Signal

MarketClub’s Trade Triangles for GBPNZD

The long-term trend has been UP since Mar 18th, 2024 at 2.0946

The intermediate-term trend has been DOWN since Apr 9th, 2024 at 2.0876

The short-term trend has been DOWN since Apr 21st, 2024 at 2.0957

Smart Scan Analysis for GBPNZD

Based on our trend formula, GBPNZD 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
2.098535	2.099000	2.098000	2.098700	+0.000165
Prev. Close	Volume	Bid	Ask	Time
2.098535				2024-04-25 00:19:33

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