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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

New Zealand Dollar/British Pound (FOREX:NZDGBP)

Countertrend Up (+85) - NZDGBP 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 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.

FOREX_NZDGBP
Open High Low NZDGBP Price Change
0.5214 0.5214 0.5190 0.5199 -0.0015
Entry Signal

MarketClub’s Trade Triangles for NZDGBP

long term up The long-term trend has been UP since Sep 1st, 2021 at 0.51355

intermediate term up The intermediate-term trend has been UP since Oct 17th, 2021 at 0.51610

short term down The short-term trend has been DOWN since Oct 25th, 2021 at 0.51790

Smart Scan Analysis for NZDGBP

Based on our trend formula, NZDGBP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for NZDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5214 0.5214 0.5190 0.5199 -0.0015
Prev. Close Volume Bid Ask Time
0.5214 2021-10-26 07:21:27
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