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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

Euro/Kenyan Shilling (FOREX:EURKES)

Countertrend Up (+85) - EURKES 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 EURKES?

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

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

FOREX_EURKES
Open High Low EURKES Price Change
166.82 166.82 166.82 166.82 0.00
Entry Signal

MarketClub’s Trade Triangles for EURKES

long term up The long-term trend has been UP since Nov 11th, 2022 at 122.8302

intermediate term up The intermediate-term trend has been UP since Oct 18th, 2023 at 155.9300

short term up The short-term trend has been UP since Dec 8th, 2023 at 165.9700

Smart Scan Analysis for EURKES

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

+80
Smart Scan Analysis for EURKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
166.82 166.82 166.82 166.82 0.00
Prev. Close Volume Bid Ask Time
166.82 2023-12-09 14:27:08
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