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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

Kenyan Shilling/US Dollar (FOREX:KESUSD)

Long-Term Uptrend (+90) - KESUSD is in a strong uptrend that is likely to continue. While KESUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.00773913 0.00773913 0.00773913 0.00773913 0.00000000
Entry Signal

MarketClub’s Trade Triangles for KESUSD

long term up The long-term trend has been UP since Feb 16th, 2024 at 0.00659883

intermediate term up The intermediate-term trend has been UP since May 17th, 2024 at 0.00762212

short term up The short-term trend has been UP since Jun 22nd, 2024 at 0.00773750

Smart Scan Analysis for KESUSD

Based on our trend formula, KESUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for KESUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00773913 0.00773913 0.00773913 0.00773913 0.00000000
Prev. Close Volume Bid Ask Time
0.00773063 2024-06-22 16:44:14
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