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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
British Pound/ (FOREX:GBPZMW)
Long-Term Downtrend (-90) - GBPZMW is in a strong downtrend that is likely to continue. While GBPZMW is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPZMW?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPZMW.
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 GBPZMW
The long-term trend has been DOWN since Dec 4th, 2024 at 34.487248
The intermediate-term trend has been DOWN since Jan 9th, 2025 at 34.557176
The short-term trend has been DOWN since Jan 9th, 2025 at 34.557176
Smart Scan Analysis for GBPZMW
Based on our trend formula, GBPZMW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 33.879387 | 33.879387 | 33.879387 | 33.879387 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 33.963379 | 2025-01-19 11:30:04 |