Forex Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
British Pound/Kazakhstan Tenge (FOREX:GBPKZT)
Bull Market Weakness (+75) - GBPKZT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPKZT as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for GBPKZT
The long-term trend has been UP since Jun 15th, 2023 at 569.14362
The intermediate-term trend has been UP since Nov 19th, 2023 at 572.31947
The short-term trend has been UP since Nov 16th, 2023 at 571.87518
Smart Scan Analysis for GBPKZT
Based on our trend formula, GBPKZT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).