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Forex Trend Analysis Report

Prepared for you on Sunday, April 14, 2024.

US Dollar/Kenyan Shilling (FOREX:USDKES)

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

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
127.19606 127.19606 127.19606 127.19606 0.00000
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 down The intermediate-term trend has been DOWN since Feb 12th, 2024 at 158.83835

short term down The short-term trend has been DOWN since Mar 1st, 2024 at 145.49000

Smart Scan Analysis for USDKES

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

-100
Smart Scan Analysis for USDKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
127.19606 127.19606 127.19606 127.19606 0.00000
Prev. Close Volume Bid Ask Time
127.19606 2024-04-13 14:02:01
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