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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

US Dollar/Cambodian Riel (FOREX:USDKHR)

Crossroads (+60) - USDKHR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_USDKHR
Open High Low USDKHR Price Change
4063.0000 4063.0000 4060.4756 4060.4756 -2.5244
Entry Signal

MarketClub’s Trade Triangles for USDKHR

long term down The long-term trend has been DOWN since Sep 18th, 2023 at 4097.4721

intermediate term up The intermediate-term trend has been UP since Apr 19th, 2024 at 4050.0000

short term up The short-term trend has been UP since Apr 19th, 2024 at 4044.5000

Smart Scan Analysis for USDKHR

Based on our trend formula, USDKHR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for USDKHR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4063.0000 4063.0000 4060.4756 4060.4756 -2.5244
Prev. Close Volume Bid Ask Time
4063.0000 2024-04-22 21:01:04
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