Forex Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
British Pound/New Zealand Dollar (FOREX:GBPNZD)
Strong Downtrend (-100) - GBPNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPNZD continues to fall. Traders should use caution and set stops.
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 DOWN since Mar 4th, 2022 at 1.935800
The intermediate-term trend has been DOWN since Jul 6th, 2022 at 1.924430
The short-term trend has been DOWN since Jul 1st, 2022 at 1.944725
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).