Forex Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
British Pound/ (FOREX:GBPZMW)
Crossroads (-60) - GBPZMW is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for GBPZMW
The long-term trend has been DOWN since Jul 27th, 2021 at 30.418667
The intermediate-term trend has been UP since Jan 3rd, 2022 at 22.470818
The short-term trend has been UP since Dec 22nd, 2021 at 21.567200
Smart Scan Analysis for GBPZMW
Based on our trend formula, GBPZMW is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).