Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
British Pound/Cambodian Riel (FOREX:GBPKHR)
Countertrend Down (-85) - GBPKHR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for GBPKHR
The long-term trend has been DOWN since Mar 2nd, 2020 at 5243.6691
The intermediate-term trend has been DOWN since May 14th, 2020 at 5033.3154
The short-term trend has been UP since May 19th, 2020 at 5026.2462
Smart Scan Analysis for GBPKHR
Based on our trend formula, GBPKHR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).