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Forex Trend Analysis Report

Prepared for you on Tuesday, December 5, 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.

FOREX_KZTGBP
Open High Low KZTGBP Price Change
0.00171623 0.00171623 0.00171623 0.00171623 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KZTGBP

long term down The long-term trend has been DOWN since Jun 15th, 2023 at 0.00175709

intermediate term down The intermediate-term trend has been DOWN since Nov 19th, 2023 at 0.00174734

short term down The short-term trend has been DOWN since Nov 16th, 2023 at 0.00174870

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).

-90
Smart Scan Analysis for KZTGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00171623 0.00171623 0.00171623 0.00171623 0.00000000
Prev. Close Volume Bid Ask Time
0.00171623 2023-12-05 21:38:50
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