Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
US Dollar/Cambodian Riel (FOREX:USDKHR)
Strong Uptrend (+100) - USDKHR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDKHR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Feb 3rd, 2021 at 4087.5858
The intermediate-term trend has been UP since Feb 16th, 2021 at 4091.5336
The short-term trend has been UP since Feb 25th, 2021 at 4086.2276
Smart Scan Analysis for USDKHR
Based on our trend formula, USDKHR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).