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Forex Trend Analysis Report
Prepared for you on Tuesday, January 21, 2025.
British Pound/New Zealand Dollar (FOREX:GBPNZD)
Sidelines Mode (-55) - GBPNZD 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 GBPNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPNZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPNZD
The long-term trend has been UP since Jul 14th, 2024 at 2.12650
The intermediate-term trend has been DOWN since Jan 20th, 2025 at 2.17000
The short-term trend has been UP since Jan 21st, 2025 at 2.18638
Smart Scan Analysis for GBPNZD
Based on our trend formula, GBPNZD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.174730 | 2.191700 | 2.172800 | 2.174615 | -0.000115 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.174730 | 2025-01-21 17:34:10 |