Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
British Pound/ (FOREX:GBPZMW)
Strong Uptrend (+100) - GBPZMW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPZMW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for GBPZMW
The long-term trend has been UP since Oct 13th, 2019 at 16.509500
The intermediate-term trend has been UP since Sep 18th, 2020 at 25.833366
The short-term trend has been UP since Feb 4th, 2021 at 29.419939
Smart Scan Analysis for GBPZMW
Based on our trend formula, GBPZMW is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).