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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

New Zealand Dollar/British Pound (FOREX:NZDGBP)

Long-Term Downtrend (-90) - NZDGBP is in a strong downtrend that is likely to continue. While NZDGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.476835 0.477400 0.475800 0.476680 -0.000155
Entry Signal

MarketClub’s Trade Triangles for NZDGBP

long term down The long-term trend has been DOWN since Mar 18th, 2024 at 0.47740

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2024 at 0.48010

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 0.48008

Smart Scan Analysis for NZDGBP

Based on our trend formula, NZDGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NZDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.476835 0.477400 0.475800 0.476680 -0.000155
Prev. Close Volume Bid Ask Time
0.476835 2024-03-19 06:19:40
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