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Forex Trend Analysis Report

Prepared for you on Thursday, October 17, 2019.

New Zealand Dollar/British Pound (FOREX:NZDGBP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_NZDGBP
Open High Low NZDGBP Price Change
0.491220 0.495500 0.487640 0.493565 +0.002345
Entry Signal

MarketClub’s Trade Triangles for NZDGBP

long term down The long term trend has been DOWN since Sep 13th, 2019 at 0.515000

intermediate term down The intermediate term trend has been DOWN since Oct 14th, 2019 at 0.500065

short term down The short term trend has been DOWN since Oct 11th, 2019 at 0.510600

Smart Scan Analysis for NZDGBP

Based on a pre-defined weighted trend formula for chart analysis, NZDGBP scored -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
0.491220 0.495500 0.487640 0.493565 +0.002345
Prev. Close Volume Bid Ask Time
0.491220 0.493460 0.493670 2019-10-17 19:58:35
Want to analyze New Zealand Dollar/British Pound NZDGBP or another symbol? Try our Free Forex Trend Analysis Report.