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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

British Pound/Kazakhstan Tenge (FOREX:GBPKZT)

Sidelines Mode (+50) - GBPKZT is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPKZT can gain momentum.

Is it time to buy, sell, or avoid GBPKZT?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPKZT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPKZT
Open High Low GBPKZT Price Change
586.82875 586.82875 586.82875 586.82875 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPKZT

long term down The long-term trend has been DOWN since Jul 2nd, 2021 at 589.90573

intermediate term up The intermediate-term trend has been UP since Oct 20th, 2021 at 582.65816

short term up The short-term trend has been UP since Oct 7th, 2021 at 577.00653

Smart Scan Analysis for GBPKZT

Based on our trend formula, GBPKZT is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GBPKZT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
586.82875 586.82875 586.82875 586.82875 0.00000
Prev. Close Volume Bid Ask Time
586.82875 2021-10-20 07:19:47
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