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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
US Dollar/Cambodian Riel (FOREX:USDKHR)
Bear Market Rally (-75) - USDKHR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDKHR as it may be in the beginning 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.
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MarketClub’s Trade Triangles for USDKHR
The long-term trend has been DOWN since Sep 18th, 2023 at 4097.4721
The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 4127.7943
The short-term trend has been UP since Apr 8th, 2024 at 4046.4694
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4034.6685 | 4034.6685 | 4034.6685 | 4034.6685 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4043.2115 | 2024-04-13 18:02:08 |