Forex Trend Analysis Report
Prepared for you on Monday, April 24, 2017.
British Pound/Kazakhstan Tenge (FOREX:GBPKZT)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 DOWN since Jun 8th, 2016 at 485.86
The intermediate term trend has been UP since Apr 19th, 2017 at 390.08
The short term trend has been UP since Mar 23rd, 2017 at 391.40
Smart Scan Analysis for GBPKZT
Based on a pre-defined weighted trend formula for chart analysis, GBPKZT scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).