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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.

FOREX_GBPKHR
Open High Low GBPKHR Price Change
5140.0966 5140.0966 5140.0966 5140.0966 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPKHR

long term down The long-term trend has been DOWN since Nov 15th, 2024 at 5208.2235

intermediate term up The intermediate-term trend has been UP since Dec 6th, 2024 at 5117.3653

short term up 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).

+50
Smart Scan Analysis for GBPKHR
Strong Downtrend Sideways 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
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