Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2024.

/British Pound (FOREX:ZMWGBP)

Bull Market Weakness (+75) - ZMWGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZMWGBP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ZMWGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZMWGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZMWGBP
Open High Low ZMWGBP Price Change
0.02870356 0.02870356 0.02870356 0.02870356 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZMWGBP

long term up The long-term trend has been UP since Dec 4th, 2024 at 0.02899631

intermediate term up The intermediate-term trend has been UP since Nov 18th, 2024 at 0.02832115

short term up The short-term trend has been UP since Dec 4th, 2024 at 0.02871754

Smart Scan Analysis for ZMWGBP

Based on our trend formula, ZMWGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ZMWGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02870356 0.02870356 0.02870356 0.02870356 0.00000000
Prev. Close Volume Bid Ask Time
0.02870356 2024-12-09 07:25:11
Get a free daily analysis and signals for /British Pound (ZMWGBP) - Request Your Free Report.