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.
MarketClub’s Trade Triangles for USDKES
The long-term trend has been UP since Mar 4th, 2020 at 102.80000
The intermediate-term trend has been UP since Feb 19th, 2020 at 101.26169
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).