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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Kenyan Shilling (FOREX:USDKES)
Sidelines Mode (-55) - USDKES 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 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 DOWN since Feb 15th, 2024 at 149.94
The intermediate-term trend has been UP since Jul 16th, 2024 at 129.98
The short-term trend has been DOWN since Jul 25th, 2024 at 130.25
Smart Scan Analysis for USDKES
Based on our trend formula, USDKES is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 132.50 | 132.50 | 130.49 | 130.50 | -2.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 132.50 | 2024-07-26 09:03:00 |