Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Kazakhstan Tenge/British Pound (FOREX:KZTGBP)
Bear Market Rally (-75) - KZTGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KZTGBP as it may be in the beginning of a reversal.
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 Mar 17th, 2020 at 0.00194219
The intermediate-term trend has been DOWN since Dec 17th, 2020 at 0.00175396
The short-term trend has been UP since Mar 5th, 2021 at 0.00172007
Smart Scan Analysis for KZTGBP
Based on our trend formula, KZTGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).