Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
British Pound/Cambodian Riel (FOREX:GBPKHR)
Crossroads (-60) - GBPKHR is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since Jul 20th, 2021 at 5557.2349
The intermediate-term trend has been UP since Oct 25th, 2021 at 5589.0398
The short-term trend has been UP since Oct 7th, 2021 at 5545.8000
Smart Scan Analysis for GBPKHR
Based on our trend formula, GBPKHR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).