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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

British Pound/New Zealand Dollar (FOREX:GBPNZD)

Long-Term Uptrend (+90) - GBPNZD is in a strong uptrend that is likely to continue. While GBPNZD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
1.943670 1.945290 1.938335 1.938865 -0.004805
Entry Signal

MarketClub’s Trade Triangles for GBPNZD

long term up The long-term trend has been UP since Mar 8th, 2021 at 1.941805

intermediate term up The intermediate-term trend has been UP since Jan 19th, 2021 at 1.913795

short term up The short-term trend has been UP since Mar 1st, 2021 at 1.929300

Smart Scan Analysis for GBPNZD

Based on our trend formula, GBPNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GBPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.943670 1.945290 1.938335 1.938865 -0.004805
Prev. Close Volume Bid Ask Time
1.943670 2021-03-09 04:52:33
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