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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Euro/Kenyan Shilling (FOREX:EURKES)

Strong Downtrend (-100) - EURKES is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURKES continues to fall. Traders should use caution and set stops.

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
136.78 136.78 136.78 136.78 0.00
Entry Signal

MarketClub’s Trade Triangles for EURKES

long term down The long-term trend has been DOWN since Nov 19th, 2024 at 139.69

intermediate term down The intermediate-term trend has been DOWN since Nov 19th, 2024 at 140.20

short term down The short-term trend has been DOWN since Oct 1st, 2024 at 143.47

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
136.78 136.78 136.78 136.78 0.00
Prev. Close Volume Bid Ask Time
136.78 2024-11-19 07:25:20
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