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.
MarketClub’s Trade Triangles for EURKES
The long-term trend has been UP since May 27th, 2020 at 117.96
The intermediate-term trend has been UP since May 21st, 2020 at 117.51
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).