Forex Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
Cambodian Riel/US Dollar (FOREX:KHRUSD)
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 KHRUSD
The long term trend has been DOWN since Sep 2nd, 2018 at 0.000244
The intermediate term trend has been DOWN since Sep 2nd, 2018 at 0.000244
The short term trend has been DOWN since Sep 16th, 2018 at 0.000244
Smart Scan Analysis for KHRUSD
Based on a pre-defined weighted trend formula for chart analysis, KHRUSD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).