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Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

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
106.85166 106.90000 106.75000 106.81000 -0.04166
Entry Signal

MarketClub’s Trade Triangles for USDKES

long term up The long-term trend has been UP since Mar 4th, 2020 at 102.80000

intermediate term up The intermediate-term trend has been UP since Feb 19th, 2020 at 101.26169

short term down The short-term trend has been DOWN since May 26th, 2020 at 106.84656

Smart Scan Analysis for USDKES

Based on our trend formula, USDKES is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for USDKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
106.85166 106.90000 106.75000 106.81000 -0.04166
Prev. Close Volume Bid Ask Time
106.85166 105.81000 107.81000 2020-06-01 12:21:50
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