Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
US Dollar/Kenyan Shilling (FOREX:USDKES)
Weak Downtrend (-65) - USDKES is showing signs of a strengthening downtrend. Monitor USDKES as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDKES?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDKES.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDKES
The long-term trend has been DOWN since Feb 15th, 2024 at 149.94
The intermediate-term trend has been DOWN since Nov 20th, 2024 at 128.50
The short-term trend has been UP since Nov 21st, 2024 at 129.66
Smart Scan Analysis for USDKES
Based on our trend formula, USDKES is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 129.55000 | 129.74237 | 129.20000 | 129.50000 | -0.05000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 129.55000 | 2024-11-21 19:33:50 |