Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

British Pound/Cambodian Riel (FOREX:GBPKHR)

Strong Downtrend (-100) - GBPKHR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPKHR continues to fall. Traders should use caution and set stops.

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.

FOREX_GBPKHR
Open High Low GBPKHR Price Change
5038.2822 5038.2822 5038.2822 5038.2822 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPKHR

long term down The long-term trend has been DOWN since Sep 21st, 2023 at 5122.4738

intermediate term down The intermediate-term trend has been DOWN since Sep 7th, 2023 at 5226.6046

short term down The short-term trend has been DOWN since Sep 7th, 2023 at 5226.6046

Smart Scan Analysis for GBPKHR

Based on our trend formula, GBPKHR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for GBPKHR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5038.2822 5038.2822 5038.2822 5038.2822 0.0000
Prev. Close Volume Bid Ask Time
5001.0361 2023-09-23 13:03:37
Get a free daily analysis and signals for British Pound/Cambodian Riel (GBPKHR) - Request Your Free Report.