Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

Kenyan Shilling/US Dollar (FOREX:KESUSD)

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

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
0.00656202 0.00656202 0.00655145 0.00655145 -0.00001100
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 Sep 4th, 2023 at 0.00698167

short term down The short-term trend has been DOWN since Nov 21st, 2023 at 0.00656900

Smart Scan Analysis for KESUSD

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

-100
Smart Scan Analysis for KESUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00656202 0.00656202 0.00655145 0.00655145 -0.00001100
Prev. Close Volume Bid Ask Time
0.00656467 2023-12-03 20:55:50
Get a free daily analysis and signals for Kenyan Shilling/US Dollar (KESUSD) - Request Your Free Report.