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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

British Pound/ (FOREX:GBPZMW)

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

Is it time to buy, sell, or avoid GBPZMW?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPZMW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPZMW
Open High Low GBPZMW Price Change
34.670684 34.670684 34.670684 34.670684 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPZMW

long term down The long-term trend has been DOWN since Dec 4th, 2024 at 34.487248

intermediate term up The intermediate-term trend has been UP since Dec 15th, 2024 at 34.838990

short term down The short-term trend has been DOWN since Dec 24th, 2024 at 34.838990

Smart Scan Analysis for GBPZMW

Based on our trend formula, GBPZMW is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for GBPZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.670684 34.670684 34.670684 34.670684 0.000000
Prev. Close Volume Bid Ask Time
35.257062 2024-12-24 21:00:04
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