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

NZDGBP's Indicator enters downward trend

The Aroon Indicator for NZDGBP entered a downward trend on December 05, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 299 similar instances where the Aroon Indicator formed such a pattern. In of the 299 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where NZDGBP's RSI Indicator exited the oversold zone, of 36 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 69 cases where NZDGBP's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on December 17, 2024. You may want to consider a long position or call options on NZDGBP as a result. In of 140 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for NZDGBP just turned positive on December 15, 2024. Looking at past instances where NZDGBP's MACD turned positive, the stock continued to rise in of 106 cases over the following month. The odds of a continued upward trend are .

NZDGBP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.