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Forex Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

British Pound/ (FOREX:GBPZMW)

Countertrend Up (+85) - GBPZMW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
23.159786 23.159786 23.159786 23.159786 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 Jan 20th, 2020 at 18.715738

short term up The short-term trend has been UP since Mar 25th, 2020 at 19.942450

Smart Scan Analysis for GBPZMW

Based on our trend formula, GBPZMW is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.159786 23.159786 23.159786 23.159786 0.000000
Prev. Close Volume Bid Ask Time
23.159786 23.103132 23.216439 2020-04-06 21:07:43
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