Forex Trend Analysis Report
Prepared for you on Friday, March 31, 2023.
Kenyan Shilling/South African Rand (FOREX:KESZAR)
Strong Downtrend (-100) - KESZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KESZAR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid KESZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for KESZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KESZAR
The long-term trend has been DOWN since Dec 29th, 2022 at 0.13837572
The intermediate-term trend has been DOWN since Mar 6th, 2023 at 0.14221124
The short-term trend has been DOWN since Mar 24th, 2023 at 0.14244003
Smart Scan Analysis for KESZAR
Based on our trend formula, KESZAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).