Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
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.
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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 UP since Apr 18th, 2024 at 31.857147
The short-term trend has been UP since Apr 9th, 2024 at 31.295784
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 31.917704 | 31.917704 | 31.894402 | 31.894402 | -0.023302 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.917704 | 2024-04-18 21:07:18 |