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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

British Pound/Cambodian Riel (FOREX:GBPKHR)

Crossroads (-60) - GBPKHR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GBPKHR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPKHR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPKHR
Open High Low GBPKHR Price Change
5099.6025 5099.6025 5099.6025 5099.6025 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPKHR

long term down The long-term trend has been DOWN since Sep 21st, 2023 at 5122.4738

intermediate term up The intermediate-term trend has been UP since May 5th, 2024 at 5092.4601

short term up The short-term trend has been UP since Apr 25th, 2024 at 5044.1185

Smart Scan Analysis for GBPKHR

Based on our trend formula, GBPKHR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPKHR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5099.6025 5099.6025 5099.6025 5099.6025 0.0000
Prev. Close Volume Bid Ask Time
5092.1055 2024-05-06 01:56:08
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