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Forex Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
US Dollar/Cambodian Riel (FOREX:USDKHR)
Long-Term Downtrend (-90) - USDKHR is in a strong downtrend that is likely to continue. While USDKHR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Jun 18th, 2024 at 4030.7323
The intermediate-term trend has been DOWN since Nov 15th, 2024 at 4050.0161
The short-term trend has been DOWN since Nov 8th, 2024 at 4065.0000
Smart Scan Analysis for USDKHR
Based on our trend formula, USDKHR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4022.679 | 4022.679 | 4022.679 | 4022.679 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4030.000 | 2024-11-30 18:38:57 |