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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

British Pound/Cambodian Riel (FOREX:GBPKHR)

Strong Downtrend (-100) - GBPKHR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPKHR continues to fall. Traders should use caution and set stops.

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.

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FOREX_GBPKHR
Open High Low GBPKHR Price Change
5021.1147 5021.1147 5021.1147 5021.1147 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 down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 5163.6321

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 5101.9695

Smart Scan Analysis for GBPKHR

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

-100
Smart Scan Analysis for GBPKHR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5021.1147 5021.1147 5021.1147 5021.1147 0.0000
Prev. Close Volume Bid Ask Time
5021.1147 2024-04-23 07:26:26
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