Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

US Dollar/Kenyan Shilling (FOREX:USDKES)

Countertrend Up (+85) - USDKES is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
104.50000 104.80574 104.25000 104.70000 +0.20000
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 Mar 26th, 2020 at 105.85000

Smart Scan Analysis for USDKES

Based on our trend formula, USDKES is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for USDKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
104.50000 104.80574 104.25000 104.70000 +0.20000
Prev. Close Volume Bid Ask Time
104.50000 103.70000 105.70000 2020-03-30 06:18:19
Get a free daily analysis and signals for US Dollar/Kenyan Shilling (USDKES) - Request Your Free Report.