website utilities

Follow us:
+1 (646) 48 000 22 (New York, USA)

Trend Hunter performance since 2015 for this symbol

You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast British Pound vs. New Zealand Dollar technical chart

Download MT4 template file

Trade Setup
Total Profit: -392 pip
Closed trade(s): 24 pip Profit
Open trade(s): -416 pip Profit

Trade Setup:
We opened 9 SELL trade(s) @ 1.9459 (day close price) based on 'Shooting star' at 2019.04.25 signaled by DTO:

Closed Profit:
TP1 @ 1.9435 touched at 2019.04.26 with 24 pip Profit.

Open Profit:
Profit for one trade is 1.9459(open price) - 1.9511(current price) = -52 pip
8 trade(s) still open, therefore total profit for open trade(s) is -52 x 8 = -416 pip

Trading suggestion:

  • We have already opened Sell trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.

DateSat, 05/18/2019 - 11:14
Currentrange bound
Forecastresumption of downtrend
Last weekBearish

Midterm forecast:

  • While the price is below the resistance 2.0470, resumption of downtrend is expected.
  • We make sure when the support at 1.9095 breaks.
  • If the resistance at 2.0470 is broken, the short-term forecast -resumption of downtrend- will be invalid.

Technical analysis:

  • The RSI uptrend #1 is broken, so the probability of resumption of downtrend is increased.
  • A peak is formed in daily chart at 2.0010 on 05/08/2019, so more losses to support(s) 1.9435, 1.9245 and minimum to Major Support (1.9095) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 47.

Take Profits:

  1. 1.9435
  2. 1.9245
  3. 1.9095
  4. 1.8930
  5. 1.8605
  6. 1.8120
  7. 1.7440
  8. 1.6705
Click on the level to view price action history.