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Forex Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

British Pound/ (FOREX:GBPZMW)

Strong Downtrend (-100) - GBPZMW is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
23.116072 23.116072 23.116072 23.116072 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPZMW

long term down The long-term trend has been DOWN since Jul 27th, 2021 at 30.418667

intermediate term down The intermediate-term trend has been DOWN since Dec 5th, 2021 at 23.677612

short term down The short-term trend has been DOWN since Dec 5th, 2021 at 23.734056

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).

-100
Smart Scan Analysis for GBPZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.116072 23.116072 23.116072 23.116072 0.000000
Prev. Close Volume Bid Ask Time
23.116072 2021-12-07 07:25:43
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