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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Kenyan Shilling/US Dollar (FOREX:KESUSD)

Crossroads (-60) - KESUSD 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 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
0.00772216 0.00772216 0.00772216 0.00772216 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 down The intermediate-term trend has been DOWN since Nov 4th, 2024 at 0.00775195

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.00774807

Smart Scan Analysis for KESUSD

Based on our trend formula, KESUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for KESUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00772216 0.00772216 0.00772216 0.00772216 0.00000000
Prev. Close Volume Bid Ask Time
0.00772216 2024-11-19 07:25:20
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