Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Kenyan Shilling/South African Rand (FOREX:KESZAR)
Sidelines Mode (-55) - KESZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid KESZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for KESZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KESZAR
The long-term trend has been UP since Jan 30th, 2020 at 0.14699481
The intermediate-term trend has been DOWN since Apr 30th, 2020 at 0.16863620
The short-term trend has been UP since May 29th, 2020 at 0.16417511
Smart Scan Analysis for KESZAR
Based on our trend formula, KESZAR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).