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Forex Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
British Pound/Cambodian Riel (FOREX:GBPKHR)
Bear Market Rally (-75) - GBPKHR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPKHR as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for GBPKHR
The long-term trend has been DOWN since Sep 21st, 2023 at 5122.4738
The intermediate-term trend has been UP since May 5th, 2024 at 5092.4601
The short-term trend has been DOWN since May 9th, 2024 at 5086.8755
Smart Scan Analysis for GBPKHR
Based on our trend formula, GBPKHR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5082.8755 | 5082.8755 | 5082.8755 | 5082.8755 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5082.8755 | 2024-05-09 21:01:47 |