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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Kenyan Shilling/US Dollar (FOREX:KESUSD)

Countertrend Up (+85) - KESUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid KESUSD?

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

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

FOREX_KESUSD
Open High Low KESUSD Price Change
0.00738102 0.00738102 0.00735783 0.00735783 -0.00002300
Entry Signal

MarketClub’s Trade Triangles for KESUSD

long term up The long-term trend has been UP since Feb 16th, 2024 at 0.00659883

intermediate term up The intermediate-term trend has been UP since Feb 14th, 2024 at 0.00629618

short term up The short-term trend has been UP since Mar 7th, 2024 at 0.00693437

Smart Scan Analysis for KESUSD

Based on our trend formula, KESUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for KESUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00738102 0.00738102 0.00735783 0.00735783 -0.00002300
Prev. Close Volume Bid Ask Time
0.00738102 2024-03-18 22:07:01
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