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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

British Pound/New Zealand Dollar (FOREX:GBPNZD)

Long-Term Uptrend (+90) - GBPNZD is in a strong uptrend that is likely to continue. While GBPNZD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_GBPNZD
Open High Low GBPNZD Price Change
2.22212 2.22212 2.22212 2.22212 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPNZD

long term up The long-term trend has been UP since Jul 14th, 2024 at 2.12650

intermediate term up The intermediate-term trend has been UP since Dec 6th, 2024 at 2.18284

short term up The short-term trend has been UP since Dec 16th, 2024 at 2.19990

Smart Scan Analysis for GBPNZD

Based on our trend formula, GBPNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GBPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.22212 2.22212 2.22212 2.22212 0.00000
Prev. Close Volume Bid Ask Time
2.22212 2024-12-21 07:07:04
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