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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
British Pound/Cambodian Riel (FOREX:GBPKHR)
Long-Term Downtrend (-90) - GBPKHR is in a strong downtrend that is likely to continue. While GBPKHR is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for GBPKHR
The long-term trend has been DOWN since Nov 15th, 2024 at 5208.2235
The intermediate-term trend has been DOWN since Oct 6th, 2024 at 5394.5959
The short-term trend has been DOWN since Oct 9th, 2024 at 5354.4833
Smart Scan Analysis for GBPKHR
Based on our trend formula, GBPKHR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5110.1766 | 5110.3912 | 5110.1766 | 5110.3912 | +0.2146 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5110.1766 | 2024-11-20 21:06:26 |