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Forex Trend Analysis Report

Prepared for you on Monday, May 22, 2017.

British Pound/Kazakhstan Tenge (FOREX:GBPKZT)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_GBPKZT
Open High Low GBPKZT Price Change
406.460 407.095 406.460 407.095 +0.635
Entry Signal

MarketClub’s Trade Triangles for GBPKZT

long term up The long term trend has been UP since May 2nd, 2017 at 406.50

intermediate term down The intermediate term trend has been DOWN since May 15th, 2017 at 406.50

short term down The short term trend has been DOWN since May 15th, 2017 at 407.48

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).

-70
Smart Scan Analysis for GBPKZT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
406.460 407.095 406.460 407.095 +0.635
Prev. Close Volume Bid Ask Time
405.560 403.600 410.590 2017-05-20 06:37:14
Want to analyze British Pound/Kazakhstan Tenge GBPKZT or another symbol? Try our Free Forex Trend Analysis Report.