Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Euro/Kenyan Shilling (FOREX:EURKES)
Crossroads (-60) - EURKES is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Mar 7th, 2021 at 131.3591
The intermediate-term trend has been UP since Oct 19th, 2021 at 129.3121
The short-term trend has been UP since Oct 19th, 2021 at 129.3121
Smart Scan Analysis for EURKES
Based on our trend formula, EURKES is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).