Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
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 May 27th, 2020 at 117.9600
The intermediate-term trend has been UP since Feb 25th, 2021 at 133.5767
The short-term trend has been UP since Feb 22nd, 2021 at 132.7338
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).