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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

US Dollar/Kenyan Shilling (FOREX:USDKES)

Weak Downtrend (-65) - USDKES is showing signs of a strengthening downtrend. Monitor USDKES as it may be building momentum to the downside.

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
109.79 109.80 109.77 109.77 -0.02
Entry Signal

MarketClub’s Trade Triangles for USDKES

long term down The long-term trend has been DOWN since Dec 30th, 2020 at 108.04385

intermediate term down The intermediate-term trend has been DOWN since Dec 22nd, 2020 at 109.58125

short term up The short-term trend has been UP since Feb 23rd, 2021 at 109.71262

Smart Scan Analysis for USDKES

Based on our trend formula, USDKES is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for USDKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.79 109.80 109.77 109.77 -0.02
Prev. Close Volume Bid Ask Time
109.79 2021-02-26 10:50:21
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