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.
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 Jan 20th, 2020 at 18.715738
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).