Forex Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
US Dollar/Cambodian Riel (FOREX:USDKHR)
Bull Market Weakness (+75) - USDKHR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDKHR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDKHR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDKHR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDKHR
The long-term trend has been UP since Apr 28th, 2020 at 4108.8862
The intermediate-term trend has been UP since May 22nd, 2020 at 4119.4293
The short-term trend has been DOWN since Jun 3rd, 2020 at 4120.5000
Smart Scan Analysis for USDKHR
Based on our trend formula, USDKHR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).