Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, March 21, 2019.

British Pound/New Zealand Dollar (FOREX:GBPNZD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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
1.906240 1.911800 1.899970 1.904495 -0.001745
Entry Signal

MarketClub’s Trade Triangles for GBPNZD

long term down The long term trend has been DOWN since Nov 12th, 2018 at 1.90708

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 Mar 18th, 2019 at 1.92688

Smart Scan Analysis for GBPNZD

Based on a pre-defined weighted trend formula for chart analysis, GBPNZD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for GBPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.906240 1.911800 1.899970 1.904495 -0.001745
Prev. Close Volume Bid Ask Time
1.906240 1.904260 1.904730 2019-03-21 06:16:01
Want to analyze British Pound/New Zealand Dollar GBPNZD or another symbol? Try our Free Forex Trend Analysis Report.