Forex Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
Euro/Cambodian Riel (FOREX:EURKHR)
Long-Term Uptrend (+90) - EURKHR is in a strong uptrend that is likely to continue. While EURKHR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid EURKHR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURKHR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURKHR
The long-term trend has been UP since Nov 30th, 2020 at 4876.4
The intermediate-term trend has been UP since Feb 11th, 2021 at 4955.1
The short-term trend has been UP since Feb 18th, 2021 at 4927.4
Smart Scan Analysis for EURKHR
Based on our trend formula, EURKHR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).