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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

/British Pound (FOREX:ZMWGBP)

Strong Downtrend (-100) - ZMWGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZMWGBP continues to fall. Traders should use caution and set stops.

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
0.03136713 0.03136713 0.03136713 0.03136713 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZMWGBP

long term down The long-term trend has been DOWN since Sep 4th, 2023 at 0.03960265

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 0.03139024

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 0.03195330

Smart Scan Analysis for ZMWGBP

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

-100
Smart Scan Analysis for ZMWGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03136713 0.03136713 0.03136713 0.03136713 0.00000000
Prev. Close Volume Bid Ask Time
0.03077115 2024-04-22 21:00:58
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