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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Cambodian Riel/British Pound (FOREX:KHRGBP)

Crossroads (-60) - KHRGBP 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 KHRGBP?

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

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

FOREX_KHRGBP
Open High Low KHRGBP Price Change
0.0001962 0.0001962 0.0001962 0.0001962 0.0000000
Entry Signal

MarketClub’s Trade Triangles for KHRGBP

long term up The long-term trend has been UP since Sep 21st, 2023 at 0.00019532

intermediate term down The intermediate-term trend has been DOWN since May 5th, 2024 at 0.00019647

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 0.00019836

Smart Scan Analysis for KHRGBP

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

-60
Smart Scan Analysis for KHRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0001962 0.0001962 0.0001962 0.0001962 0.0000000
Prev. Close Volume Bid Ask Time
0.0001965 2024-05-06 01:56:08
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