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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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
129.04 129.04 129.04 129.04 0.00
Entry Signal

MarketClub’s Trade Triangles for USDKES

long term up The long-term trend has been UP since Dec 1st, 2024 at 130.00

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 129.00

short term down The short-term trend has been DOWN since Dec 22nd, 2024 at 128.75

Smart Scan Analysis for USDKES

Based on our trend formula, USDKES is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
129.04 129.04 129.04 129.04 0.00
Prev. Close Volume Bid Ask Time
129.04 2024-12-25 19:33:22
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