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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.

FOREX_GBPNZD
Open High Low GBPNZD Price Change
1.938840 1.941700 1.923015 1.933565 -0.005275
Entry Signal

MarketClub’s Trade Triangles for GBPNZD

long term down The long-term trend has been DOWN since Mar 4th, 2022 at 1.935800

intermediate term down The intermediate-term trend has been DOWN since Jul 6th, 2022 at 1.924430

short term down 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).

-100
Smart Scan Analysis for GBPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.938840 1.941700 1.923015 1.933565 -0.005275
Prev. Close Volume Bid Ask Time
1.938840 2022-07-06 23:39:40
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