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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Kenyan Shilling/US Dollar (FOREX:KESUSD)

Bear Market Rally (-75) - KESUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KESUSD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid KESUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for KESUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KESUSD
Open High Low KESUSD Price Change
0.00786303 0.00786303 0.00786303 0.00786303 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KESUSD

long term down The long-term trend has been DOWN since Aug 2nd, 2021 at 0.00921251

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2022 at 0.00825325

short term up The short-term trend has been UP since Mar 18th, 2023 at 0.00779340

Smart Scan Analysis for KESUSD

Based on our trend formula, KESUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for KESUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00786303 0.00786303 0.00786303 0.00786303 0.00000000
Prev. Close Volume Bid Ask Time
0.00786303 2023-03-18 03:55:50
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