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Forex Trend Analysis Report

Prepared for you on Sunday, November 29, 2020.

British Pound/ (FOREX:GBPZMW)

Bull Market Weakness (+75) - GBPZMW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPZMW as it may be in the beginning stages of a reversal.

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.

FOREX_GBPZMW
Open High Low GBPZMW Price Change
27.997117 27.997117 27.997117 27.997117 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPZMW

long term up The long-term trend has been UP since Oct 13th, 2019 at 16.509500

intermediate term up The intermediate-term trend has been UP since Sep 18th, 2020 at 25.833366

short term down The short-term trend has been DOWN since Nov 27th, 2020 at 28.007026

Smart Scan Analysis for GBPZMW

Based on our trend formula, GBPZMW is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.997117 27.997117 27.997117 27.997117 0.000000
Prev. Close Volume Bid Ask Time
27.997117 2020-11-27 07:13:58
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