Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

British Pound/Kazakhstan Tenge (FOREX:GBPKZT)

Long-Term Downtrend (-90) - GBPKZT is in a strong downtrend that is likely to continue. While GBPKZT 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 GBPKZT?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPKZT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPKZT
Open High Low GBPKZT Price Change
566.31727 566.36370 566.31727 566.36370 +0.04643
Entry Signal

MarketClub’s Trade Triangles for GBPKZT

long term down The long-term trend has been DOWN since Feb 6th, 2024 at 570.31386

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 569.27209

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 573.12302

Smart Scan Analysis for GBPKZT

Based on our trend formula, GBPKZT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPKZT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
566.31727 566.36370 566.31727 566.36370 +0.04643
Prev. Close Volume Bid Ask Time
566.31727 2024-03-29 03:30:07
Get a free daily analysis and signals for British Pound/Kazakhstan Tenge (GBPKZT) - Request Your Free Report.