Forex Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
British Pound/Kazakhstan Tenge (FOREX:GBPKZT)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GBPKZT
The long term trend has been UP since May 2nd, 2017 at 406.500
The intermediate term trend has been UP since Jun 25th, 2017 at 401.350
The short term trend has been UP since Jun 2nd, 2017 at 401.525
Smart Scan Analysis for GBPKZT
Based on a pre-defined weighted trend formula for chart analysis, GBPKZT scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).