Forex Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
Cambodian Riel/US Dollar (FOREX:KHRUSD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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 UP since Nov 14th, 2018 at 0.000249
The intermediate term trend has been UP since Oct 28th, 2018 at 0.000246
The short term trend has been UP since Nov 13th, 2018 at 0.000246
Smart Scan Analysis for KHRUSD
Based on a pre-defined weighted trend formula for chart analysis, KHRUSD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).