Forex Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
British Pound/ (FOREX:GBPZMW)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for GBPZMW
The long term trend has been UP since Sep 16th, 2018 at 13.8375
The intermediate term trend has been UP since Feb 25th, 2019 at 15.5865
The short term trend has been UP since Mar 17th, 2019 at 15.8520
Smart Scan Analysis for GBPZMW
Based on a pre-defined weighted trend formula for chart analysis, GBPZMW scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).