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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

British Pound/Kazakhstan Tenge (FOREX:GBPKZT)

Crossroads (+60) - GBPKZT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
563.43400 563.67542 563.43400 563.67542 +0.24142
Entry Signal

MarketClub’s Trade Triangles for GBPKZT

long term down The long-term trend has been DOWN since Feb 6th, 2024 at 570.31386

intermediate term up The intermediate-term trend has been UP since May 22nd, 2024 at 556.59492

short term up The short-term trend has been UP since May 12th, 2024 at 550.97485

Smart Scan Analysis for GBPKZT

Based on our trend formula, GBPKZT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for GBPKZT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
563.43400 563.67542 563.43400 563.67542 +0.24142
Prev. Close Volume Bid Ask Time
563.42408 2024-05-24 15:47:48
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