Forex Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
Cambodian Riel/US Dollar (FOREX:KHRUSD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for KHRUSD
The long term trend has been UP since Nov 14th, 2018 at 0.000249
The intermediate term trend has been UP since Feb 19th, 2019 at 0.000251
The short term trend has been UP since Mar 5th, 2019 at 0.000249
Smart Scan Analysis for KHRUSD
Based on a pre-defined weighted trend formula for chart analysis, KHRUSD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).