Forex Trend Analysis Report
Prepared for you on Wednesday, December 6, 2023.
Cambodian Riel/British Pound (FOREX:KHRGBP)
Crossroads (-60) - KHRGBP 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 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 Sep 21st, 2023 at 0.00019532
The intermediate-term trend has been DOWN since Nov 16th, 2023 at 0.00019777
The short-term trend has been DOWN since Nov 3rd, 2023 at 0.00019856
Smart Scan Analysis for KHRGBP
Based on our trend formula, KHRGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).