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.
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 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).