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Forex Trend Analysis Report

Prepared for you on Tuesday, May 11, 2021.

British Pound/New Zealand Dollar (FOREX:GBPNZD)

Weak Uptrend (+65) - GBPNZD is showing signs of weakening momentum to the upside. Monitor GBPNZD as it may be in the beginning stages of a reversal.

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
1.94420 1.94880 1.93979 1.94565 +0.00145
Entry Signal

MarketClub’s Trade Triangles for GBPNZD

long term up The long-term trend has been UP since Mar 8th, 2021 at 1.941805

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2021 at 1.926000

short term up The short-term trend has been UP since Apr 19th, 2021 at 1.942850

Smart Scan Analysis for GBPNZD

Based on our trend formula, GBPNZD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.94420 1.94880 1.93979 1.94565 +0.00145
Prev. Close Volume Bid Ask Time
1.94420 2021-05-11 16:56:42
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