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Forex Trend Analysis Report

Prepared for you on Wednesday, August 12, 2020.

Kenyan Shilling/US Dollar (FOREX:KESUSD)

Strong Downtrend (-100) - KESUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid KESUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for KESUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KESUSD
Open High Low KESUSD Price Change
0.00922724 0.00924096 0.00922342 0.00922342 -0.00000400
Entry Signal

MarketClub’s Trade Triangles for KESUSD

long term down The long-term trend has been DOWN since Mar 4th, 2020 at 0.00973888

intermediate term down The intermediate-term trend has been DOWN since Jul 2nd, 2020 at 0.00935735

short term down The short-term trend has been DOWN since Jul 8th, 2020 at 0.00936103

Smart Scan Analysis for KESUSD

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

-100
Smart Scan Analysis for KESUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00922724 0.00924096 0.00922342 0.00922342 -0.00000400
Prev. Close Volume Bid Ask Time
0.00922724 0.00907883 0.00936801 2020-08-12 08:05:48
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