Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 12, 2024.
British Pound/Cambodian Riel (FOREX:GBPKHR)
Sidelines Mode (+50) - GBPKHR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPKHR can gain momentum.
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 Nov 15th, 2024 at 5208.2235
The intermediate-term trend has been UP since Dec 6th, 2024 at 5117.3653
The short-term trend has been UP since Dec 4th, 2024 at 5076.7931
Smart Scan Analysis for GBPKHR
Based on our trend formula, GBPKHR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5140.0966 | 5140.0966 | 5140.0966 | 5140.0966 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5136.5591 | 2024-12-09 18:37:00 |