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Forex Trend Analysis Report
Prepared for you on Sunday, December 1, 2024.
British Pound/ (FOREX:GBPZMW)
Weak Downtrend (-65) - GBPZMW is showing signs of a strengthening downtrend. Monitor GBPZMW as it may be building momentum to the downside.
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 UP since Sep 4th, 2023 at 25.250971
The intermediate-term trend has been DOWN since Nov 18th, 2024 at 35.309399
The short-term trend has been DOWN since Nov 30th, 2024 at 34.822033
Smart Scan Analysis for GBPZMW
Based on our trend formula, GBPZMW is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.179817 | 34.179817 | 34.179817 | 34.179817 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.179817 | 2024-11-30 18:38:55 |