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Forex Trend Analysis Report
Prepared for you on Wednesday, October 5, 2022.
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.
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MarketClub’s Trade Triangles for NZDGBP
The long-term trend has been DOWN since Sep 30th, 2022 at 0.509200
The intermediate-term trend has been DOWN since Sep 29th, 2022 at 0.515885
The short-term trend has been DOWN since Sep 28th, 2022 at 0.522545
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.502205 | 0.507045 | 0.498700 | 0.506455 | +0.004250 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.502205 | 2022-10-05 15:43:54 |