Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
British Pound/Cambodian Riel (FOREX:GBPKHR)
Sidelines Mode (+50) - GBPKHR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPKHR can gain momentum.
Is it time to buy, sell, or avoid GBPKHR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPKHR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPKHR
The long-term trend has been DOWN since Jul 20th, 2021 at 5557.2349
The intermediate-term trend has been UP since Jul 27th, 2022 at 4888.1872
The short-term trend has been UP since Jul 27th, 2022 at 4860.4903
Smart Scan Analysis for GBPKHR
Based on our trend formula, GBPKHR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).