Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Cambodian Riel/British Pound (FOREX:KHRGBP)
Sidelines Mode (+55) - KHRGBP 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 KHRGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for KHRGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KHRGBP
The long-term trend has been UP since Jul 20th, 2021 at 0.00018002
The intermediate-term trend has been UP since Sep 20th, 2021 at 0.00017783
The short-term trend has been DOWN since Oct 7th, 2021 at 0.00018040
Smart Scan Analysis for KHRGBP
Based on our trend formula, KHRGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).