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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
US Dollar/Kenyan Shilling (FOREX:USDKES)
Crossroads (-60) - USDKES is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for USDKES
The long-term trend has been UP since Dec 1st, 2024 at 130.00
The intermediate-term trend has been DOWN since Feb 4th, 2025 at 128.92
The short-term trend has been DOWN since Feb 3rd, 2025 at 129.05
Smart Scan Analysis for USDKES
Based on our trend formula, USDKES is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 129.10 | 129.25 | 129.06 | 129.17 | +0.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 129.10 | 2025-02-05 08:01:50 |