Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
British Pound/Kazakhstan Tenge (FOREX:GBPKZT)
Sidelines Mode (+55) - GBPKZT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
MarketClub’s Trade Triangles for GBPKZT
The long-term trend has been UP since Mar 17th, 2020 at 514.90710
The intermediate-term trend has been UP since Dec 17th, 2020 at 570.15743
The short-term trend has been DOWN since Mar 5th, 2021 at 581.39201
Smart Scan Analysis for GBPKZT
Based on our trend formula, GBPKZT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).