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Forex Trend Analysis Report

Prepared for you on Wednesday, February 20, 2019.

New Zealand Dollar/British Pound (FOREX:NZDGBP)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

Open High Low NZDGBP Price Change
0.525965 0.526785 0.525700 0.526775 +0.000810
Entry Signal

MarketClub’s Trade Triangles for NZDGBP

long term up The long term trend has been UP since Nov 12th, 2018 at 0.52440

intermediate term up The intermediate term trend has been UP since Feb 14th, 2019 at 0.53300

short term down The short term trend has been DOWN since Feb 18th, 2019 at 0.53031

Smart Scan Analysis for NZDGBP

Based on a pre-defined weighted trend formula for chart analysis, NZDGBP scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for NZDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.525965 0.526785 0.525700 0.526775 +0.000810
Prev. Close Volume Bid Ask Time
0.525965 0.526680 0.526870 2019-02-20 04:14:44
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