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Forex Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

/British Pound (FOREX:ZMWGBP)

Crossroads (+60) - ZMWGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ZMWGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZMWGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZMWGBP
Open High Low ZMWGBP Price Change
0.03180446 0.03180446 0.03180446 0.03180446 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZMWGBP

long term down The long-term trend has been DOWN since Sep 4th, 2023 at 0.03960265

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 0.03136713

short term up The short-term trend has been UP since May 14th, 2024 at 0.02931764

Smart Scan Analysis for ZMWGBP

Based on our trend formula, ZMWGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ZMWGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03180446 0.03180446 0.03180446 0.03180446 0.00000000
Prev. Close Volume Bid Ask Time
0.03097064 2024-05-14 21:01:05
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