Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
New Zealand Dollar/British Pound (FOREX:NZDGBP)
Strong Downtrend (-100) - NZDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for NZDGBP
The long-term trend has been DOWN since Mar 8th, 2021 at 0.51508
The intermediate-term trend has been DOWN since Jan 19th, 2021 at 0.52254
The short-term trend has been DOWN since Mar 1st, 2021 at 0.51830
Smart Scan Analysis for NZDGBP
Based on our trend formula, NZDGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).