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Forex Trend Analysis Report

Prepared for you on Friday, May 24, 2019.

British Pound/New Zealand Dollar (FOREX:GBPNZD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPNZD
Open High Low GBPNZD Price Change
1.942740 1.945655 1.937905 1.937905 -0.004835
Entry Signal

MarketClub’s Trade Triangles for GBPNZD

long term up The long term trend has been UP since Apr 23rd, 2019 at 1.95352

intermediate term up The intermediate term trend has been UP since Feb 26th, 2019 at 1.92618

short term down The short term trend has been DOWN since May 22nd, 2019 at 1.94380

Smart Scan Analysis for GBPNZD

Based on a pre-defined weighted trend formula for chart analysis, GBPNZD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for GBPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.942740 1.945655 1.937905 1.937905 -0.004835
Prev. Close Volume Bid Ask Time
1.942740 1.937670 1.938140 2019-05-24 09:44:56
Want to analyze British Pound/New Zealand Dollar GBPNZD or another symbol? Try our Free Forex Trend Analysis Report.