Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Zimbabwean Dollar/British Pound (FOREX:ZWDGBP)
Strong Downtrend (-100) - ZWDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZWDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZWDGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZWDGBP
The long-term trend has been DOWN since Oct 13th, 2019 at 1.7117500
The intermediate-term trend has been DOWN since Oct 13th, 2019 at 1.7117500
The short-term trend has been DOWN since Oct 11th, 2020 at 1.7117352
Smart Scan Analysis for ZWDGBP
Based on our trend formula, ZWDGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).