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.
MarketClub’s Trade Triangles for EURKES
The long-term trend has been UP since Nov 11th, 2022 at 122.8302
The intermediate-term trend has been UP since Oct 18th, 2023 at 155.9300
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).