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.
MarketClub’s Trade Triangles for GBPKZT
The long-term trend has been DOWN since Jul 2nd, 2021 at 589.90573
The intermediate-term trend has been UP since Oct 20th, 2021 at 582.65816
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).