| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Sell | Sell | Buy |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇒ |
The Pound is losing value against the New Zealand Dollar in a large scale descending channel pattern. The channel formed in the aftermath of the pair breaking the previously active long term ascending channel. The previous pattern was broken due to the large scale effect of the 23.60% Fibonacci retracement level of the 2016 and 2017 low levels and the 2015 high level at the 1.88 mark. The pair is most likely going to continue lower in the long term. Another confirmation of this hypothesis is the fact that the pair is close to being overbought, as 68% of SWFX trader open positions are long.