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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

British Pound/Cambodian Riel (FOREX:GBPKHR)

Long-Term Uptrend (+90) - GBPKHR is in a strong uptrend that is likely to continue. While GBPKHR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
5244.9892 5245.4861 5240.6449 5240.6449 -4.3443
Entry Signal

MarketClub’s Trade Triangles for GBPKHR

long term up The long-term trend has been UP since Jun 2nd, 2024 at 5212.9390

intermediate term up The intermediate-term trend has been UP since May 5th, 2024 at 5092.4601

short term up The short-term trend has been UP since Jun 19th, 2024 at 5232.4684

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).

+90
Smart Scan Analysis for GBPKHR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5244.9892 5245.4861 5240.6449 5240.6449 -4.3443
Prev. Close Volume Bid Ask Time
5228.7504 2024-06-19 21:00:51
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