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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

New Zealand Dollar/British Pound (FOREX:NZDGBP)

Crossroads (+60) - NZDGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.465730 0.465800 0.463900 0.464465 -0.001265
Entry Signal

MarketClub’s Trade Triangles for NZDGBP

long term down The long-term trend has been DOWN since Jul 14th, 2024 at 0.47030

intermediate term up The intermediate-term trend has been UP since Nov 19th, 2024 at 0.46620

short term up The short-term trend has been UP since Nov 19th, 2024 at 0.46536

Smart Scan Analysis for NZDGBP

Based on our trend formula, NZDGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NZDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.465730 0.465800 0.463900 0.464465 -0.001265
Prev. Close Volume Bid Ask Time
0.465730 2024-11-20 03:41:33
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