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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Euro/Kenyan Shilling (FOREX:EURKES)

Strong Uptrend (+100) - EURKES is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURKES continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
118.83 119.42 118.58 119.42 +0.59
Entry Signal

MarketClub’s Trade Triangles for EURKES

long term up The long-term trend has been UP since May 27th, 2020 at 117.96

intermediate term up The intermediate-term trend has been UP since May 21st, 2020 at 117.51

short term up The short-term trend has been UP since May 26th, 2020 at 117.69

Smart Scan Analysis for EURKES

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

+100
Smart Scan Analysis for EURKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
118.83 119.42 118.58 119.42 +0.59
Prev. Close Volume Bid Ask Time
118.83 117.42 121.42 2020-06-02 05:42:00
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