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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

British Pound/New Zealand Dollar (FOREX:GBPNZD)

Weak Downtrend (-65) - GBPNZD is showing signs of a strengthening downtrend. Monitor GBPNZD as it may be building momentum to the downside.

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
2.15282 2.15757 2.15220 2.15286 +0.00004
Entry Signal

MarketClub’s Trade Triangles for GBPNZD

long term up The long-term trend has been UP since Jul 14th, 2024 at 2.126500

intermediate term down The intermediate-term trend has been DOWN since Nov 19th, 2024 at 2.145055

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 2.147305

Smart Scan Analysis for GBPNZD

Based on our trend formula, GBPNZD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.15282 2.15757 2.15220 2.15286 +0.00004
Prev. Close Volume Bid Ask Time
2.15282 2024-11-21 03:43:28
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