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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

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
0.00936687 0.00936872 0.00935600 0.00936872 +0.00000200
Entry Signal

MarketClub’s Trade Triangles for KESUSD

long term down The long-term trend has been DOWN since Mar 4th, 2020 at 0.00973888

intermediate term down The intermediate-term trend has been DOWN since Feb 19th, 2020 at 0.00987858

short term up The short-term trend has been UP since May 28th, 2020 at 0.00935574

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
0.00936687 0.00936872 0.00935600 0.00936872 +0.00000200
Prev. Close Volume Bid Ask Time
0.00936687 0.00921099 0.00952646 2020-06-02 03:16:58
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