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Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

Zimbabwean Dollar/British Pound (FOREX:ZWDGBP)

Countertrend Down (-85) - ZWDGBP 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 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.

FOREX_ZWDGBP
Open High Low ZWDGBP Price Change
1.7117352 1.7117352 1.7117352 1.7117352 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ZWDGBP

long term down The long-term trend has been DOWN since Oct 13th, 2019 at 1.711750

intermediate term down The intermediate-term trend has been DOWN since Oct 13th, 2019 at 1.711750

short term up The short-term trend has been UP since Oct 16th, 2019 at 1.711735

Smart Scan Analysis for ZWDGBP

Based on our trend formula, ZWDGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ZWDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7117352 1.7117352 1.7117352 1.7117352 0.0000000
Prev. Close Volume Bid Ask Time
1.7117352 1.7116927 1.7117777 2020-06-01 13:00:04
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