Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
British Pound/New Zealand Dollar (FOREX:GBPNZD)
Bull Market Weakness (+75) - GBPNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
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MarketClub’s Trade Triangles for GBPNZD
The long-term trend has been UP since Mar 18th, 2024 at 2.0946
The intermediate-term trend has been DOWN since Apr 9th, 2024 at 2.0876
The short-term trend has been UP since Apr 15th, 2024 at 2.0990
Smart Scan Analysis for GBPNZD
Based on our trend formula, GBPNZD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.104300 | 2.107900 | 2.102500 | 2.104435 | +0.000135 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.104300 | 2024-04-18 06:05:20 |