Forex Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
Kazakhstan Tenge/British Pound (FOREX:KZTGBP)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for KZTGBP
The long term trend has been DOWN since Oct 13th, 2019 at 0.00206400
The intermediate term trend has been UP since Dec 23rd, 2019 at 0.00200439
The short term trend has been UP since Jan 3rd, 2020 at 0.00199371
Smart Scan Analysis for KZTGBP
Based on a pre-defined weighted trend formula for chart analysis, KZTGBP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).