Forex Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
Kazakhstan Tenge/British Pound (FOREX:KZTGBP)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Aug 1st, 2018 at 0.002186
The intermediate term trend has been DOWN since Mar 3rd, 2019 at 0.002007
The short term trend has been DOWN since Mar 17th, 2019 at 0.002014
Smart Scan Analysis for KZTGBP
Based on a pre-defined weighted trend formula for chart analysis, KZTGBP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).