Forex Trend Analysis Report
Prepared for you on Friday, January 27, 2023.
Kazakhstan Tenge/British Pound (FOREX:KZTGBP)
Long-Term Downtrend (-90) - KZTGBP is in a strong downtrend that is likely to continue. While KZTGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid KZTGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for KZTGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KZTGBP
The long-term trend has been DOWN since Dec 8th, 2022 at 0.00177298
The intermediate-term trend has been DOWN since Jan 18th, 2023 at 0.00177936
The short-term trend has been DOWN since Jan 10th, 2023 at 0.00178743
Smart Scan Analysis for KZTGBP
Based on our trend formula, KZTGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).