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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Cambodian Riel (FOREX:EURKHR)
Crossroads (-60) - EURKHR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURKHR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURKHR.
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 EURKHR
The long-term trend has been DOWN since Feb 5th, 2024 at 4394
The intermediate-term trend has been UP since May 5th, 2024 at 4358
The short-term trend has been UP since May 5th, 2024 at 4358
Smart Scan Analysis for EURKHR
Based on our trend formula, EURKHR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4375 | 4375 | 4375 | 4375 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4380 | 2024-05-06 01:56:08 |