Future Trend Analysis Report
Prepared for you on Thursday, November 26, 2020.
STERLING/NEW ZEALAND $ DECEMBER 2020 (ICE:@GN.Z20)
Strong Downtrend (-100) - @GN.Z20 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 @GN.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @GN.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @GN.Z20
The long-term trend has been DOWN since May 20th, 2020 at 2.01035
The intermediate-term trend has been DOWN since Oct 27th, 2020 at 1.94820
The short-term trend has been DOWN since Nov 2nd, 2020 at 1.95265
Smart Scan Analysis for @GN.Z20
Based on our trend formula, @GN.Z20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.9753||52wk High Date||2020-10-22|
|52wk Low||1.9104||52wk Low Date||2020-09-18|