Forex Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
US Dollar/Cambodian Riel (FOREX:USDKHR)
Countertrend Up (+85) - USDKHR 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 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 Jun 6th, 2022 at 4077.3386
The intermediate-term trend has been UP since Jun 6th, 2022 at 4064.3745
The short-term trend has been UP since Aug 12th, 2022 at 4110.5000
Smart Scan Analysis for USDKHR
Based on our trend formula, USDKHR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).