Forex Trend Analysis Report
Prepared for you on Tuesday, January 15, 2019.
Cambodian Riel/US Dollar (FOREX:KHRUSD)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DOWN since Jan 10th, 2019 at 0.000248
The short term trend has been DOWN since Jan 10th, 2019 at 0.000249
Smart Scan Analysis for KHRUSD
Based on a pre-defined weighted trend formula for chart analysis, KHRUSD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).