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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
US Dollar/Cambodian Riel (FOREX:USDKHR)
Crossroads (+60) - USDKHR 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 USDKHR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDKHR.
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 USDKHR
The long-term trend has been DOWN since Sep 18th, 2023 at 4097.4721
The intermediate-term trend has been UP since Apr 19th, 2024 at 4050.0000
The short-term trend has been UP since May 6th, 2024 at 4074.0000
Smart Scan Analysis for USDKHR
Based on our trend formula, USDKHR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4076.0 | 4076.0 | 4075.5 | 4075.5 | -0.5 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4076.0 | 2024-05-08 14:06:08 |