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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.

FOREX_GBPKZT
Open High Low GBPKZT Price Change
580.70359 580.70359 579.55904 579.55904 -1.14455
Entry Signal

MarketClub’s Trade Triangles for GBPKZT

long term up The long-term trend has been UP since Jun 15th, 2023 at 569.14362

intermediate term up The intermediate-term trend has been UP since Nov 19th, 2023 at 572.31947

short term up 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).

+70
Smart Scan Analysis for GBPKZT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
580.70359 580.70359 579.55904 579.55904 -1.14455
Prev. Close Volume Bid Ask Time
577.04555 2023-12-06 21:30:12
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