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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

British Pound/New Zealand Dollar (FOREX:GBPNZD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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
1.923300 1.925670 1.922800 1.923125 -0.000175
Entry Signal

MarketClub’s Trade Triangles for GBPNZD

long term down The long term trend has been DOWN since Nov 12th, 2018 at 1.907080

intermediate term down The intermediate term trend has been DOWN since Feb 14th, 2019 at 1.876250

short term up The short term trend has been UP since Feb 18th, 2019 at 1.885415

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
1.923300 1.925670 1.922800 1.923125 -0.000175
Prev. Close Volume Bid Ask Time
1.923300 1.922760 1.923490 2019-02-22 01:36:28
Want to analyze British Pound/New Zealand Dollar GBPNZD or another symbol? Try our Free Forex Trend Analysis Report.