Forex Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
/British Pound (FOREX:ZMWGBP)
Countertrend Down (-85) - ZMWGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for ZMWGBP
The long-term trend has been DOWN since Sep 18th, 2020 at 0.03870981
The intermediate-term trend has been DOWN since Sep 18th, 2020 at 0.03870981
The short-term trend has been UP since Mar 4th, 2021 at 0.03270377
Smart Scan Analysis for ZMWGBP
Based on our trend formula, ZMWGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).