Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
New Zealand Dollar/British Pound (FOREX:NZDGBP)
Bull Market Weakness (+75) - NZDGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NZDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NZDGBP
The long-term trend has been UP since May 20th, 2020 at 0.502435
The intermediate-term trend has been DOWN since Jan 19th, 2021 at 0.522540
The short-term trend has been UP since Feb 19th, 2021 at 0.521730
Smart Scan Analysis for NZDGBP
Based on our trend formula, NZDGBP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).