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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Euro/Kenyan Shilling (FOREX:EURKES)
Long-Term Downtrend (-90) - EURKES is in a strong downtrend that is likely to continue. While EURKES is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for EURKES
The long-term trend has been DOWN since Nov 19th, 2024 at 139.69
The intermediate-term trend has been DOWN since Nov 19th, 2024 at 140.20
The short-term trend has been DOWN since Oct 1st, 2024 at 143.47
Smart Scan Analysis for EURKES
Based on our trend formula, EURKES is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 133.45 | 133.45 | 133.45 | 133.45 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 133.45 | 2025-01-18 02:34:59 |