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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

New Zealand Dollar/British Pound (FOREX:NZDGBP)

Bear Market Rally (-75) - NZDGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NZDGBP as it may be in the beginning of a reversal.

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

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

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

FOREX_NZDGBP
Open High Low NZDGBP Price Change
0.486875 0.487555 0.484530 0.484900 -0.001975
Entry Signal

MarketClub’s Trade Triangles for NZDGBP

long term down The long-term trend has been DOWN since Sep 13th, 2019 at 0.51500

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2020 at 0.49440

short term down The short-term trend has been DOWN since Mar 27th, 2020 at 0.48739

Smart Scan Analysis for NZDGBP

Based on our trend formula, NZDGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NZDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.486875 0.487555 0.484530 0.484900 -0.001975
Prev. Close Volume Bid Ask Time
0.486875 0.484700 0.485100 2020-03-30 07:14:06
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