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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
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MarketClub’s Trade Triangles for GBPNZD
The long-term trend has been UP since Jul 14th, 2024 at 2.126500
The intermediate-term trend has been DOWN since Nov 19th, 2024 at 2.145055
The short-term trend has been DOWN since Nov 19th, 2024 at 2.147305
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.147185 | 2.155500 | 2.146500 | 2.153005 | +0.005820 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.147185 | 2024-11-20 03:41:33 |