Forex Trend Analysis Report
Prepared for you on Wednesday, January 20, 2021.
/British Pound (FOREX:ZMWGBP)
Strong Downtrend (-100) - ZMWGBP 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 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.
MarketClub’s Trade Triangles for ZMWGBP
The long-term trend has been DOWN since Sep 18th, 2020 at 0.03870981
The intermediate-term trend has been DOWN since Sep 18th, 2020 at 0.03870981
The short-term trend has been DOWN since Dec 31st, 2020 at 0.03513424
Smart Scan Analysis for ZMWGBP
Based on our trend formula, ZMWGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).