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Forex Trend Analysis Report

Prepared for you on Saturday, January 28, 2023.

British Pound/New Zealand Dollar (FOREX:GBPNZD)

Strong Downtrend (-100) - GBPNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPNZD continues to fall. Traders should use caution and set stops.

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
1.906905 1.906905 1.906905 1.906905 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPNZD

long term down The long-term trend has been DOWN since Jan 24th, 2023 at 1.893845

intermediate term down The intermediate-term trend has been DOWN since Jan 24th, 2023 at 1.895500

short term down The short-term trend has been DOWN since Jan 23rd, 2023 at 1.911115

Smart Scan Analysis for GBPNZD

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

-100
Smart Scan Analysis for GBPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.906905 1.906905 1.906905 1.906905 0.000000
Prev. Close Volume Bid Ask Time
1.906905 2023-01-28 05:01:42
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