GBPNZD United Kingdom Pound - New Zealand Dollar Forecast, Technical & Fundamental Analysis

GBPNZD in downward trend: price may drop because broke its higher Bollinger Band on January 25, 2025

GBPNZD broke above its upper Bollinger Band on January 25, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 55 similar instances where the stock broke above the upper band. In of the 55 cases the stock fell afterwards. This puts the odds of success at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Momentum Indicator moved below the 0 level on February 20, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on GBPNZD as a result. In of 141 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where GBPNZD's RSI Indicator exited the oversold zone, of 33 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for GBPNZD just turned positive on February 18, 2025. Looking at past instances where GBPNZD's MACD turned positive, the stock continued to rise in of 102 cases over the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 271 cases where GBPNZD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .