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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

US Dollar/Kenyan Shilling (FOREX:USDKES)

Bull Market Weakness (+75) - USDKES is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDKES as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid USDKES?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDKES.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDKES
Open High Low USDKES Price Change
134.50 135.01 134.50 135.00 +0.50
Entry Signal

MarketClub’s Trade Triangles for USDKES

long term down The long-term trend has been DOWN since Feb 15th, 2024 at 149.94000

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 132.61438

short term up The short-term trend has been UP since Apr 22nd, 2024 at 133.55000

Smart Scan Analysis for USDKES

Based on our trend formula, USDKES is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for USDKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
134.50 135.01 134.50 135.00 +0.50
Prev. Close Volume Bid Ask Time
134.50 2024-04-26 04:04:17
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