Forex Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
/British Pound (FOREX:ZMWGBP)
Sidelines Mode (+55) - ZMWGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Jul 27th, 2021 at 0.03287467
The intermediate-term trend has been DOWN since Nov 29th, 2021 at 0.04220596
The short-term trend has been UP since Dec 4th, 2021 at 0.04213381
Smart Scan Analysis for ZMWGBP
Based on our trend formula, ZMWGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).