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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
US Dollar/ (FOREX:USDKGS)
Sidelines Mode (+50) - USDKGS is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDKGS can gain momentum.
Is it time to buy, sell, or avoid USDKGS?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDKGS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDKGS
The long-term trend has been DOWN since Apr 11th, 2024 at 89.3169
The intermediate-term trend has been UP since Oct 18th, 2024 at 84.4000
The short-term trend has been UP since Oct 18th, 2024 at 85.0566
Smart Scan Analysis for USDKGS
Based on our trend formula, USDKGS is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 85.5 | 85.5 | 85.5 | 85.5 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 85.8 | 85.5 | 85.5 | 2024-10-21 06:41:33 |