Forex Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
British Pound/Cambodian Riel (FOREX:GBPKHR)
Sidelines Mode (+55) - GBPKHR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPKHR
The long-term trend has been UP since Jul 29th, 2020 at 5255.6820
The intermediate-term trend has been UP since Nov 17th, 2020 at 5379.8250
The short-term trend has been DOWN since Nov 27th, 2020 at 5404.7316
Smart Scan Analysis for GBPKHR
Based on our trend formula, GBPKHR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).