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Forex Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

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.

Open High Low USDKES Price Change
109.97 109.97 109.78 109.80 -0.17
Entry Signal

MarketClub’s Trade Triangles for USDKES

long term down The long-term trend has been DOWN since Dec 30th, 2020 at 108.04385

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2021 at 109.85000

short term up The short-term trend has been UP since Feb 23rd, 2021 at 109.71262

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).

Smart Scan Analysis for USDKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.97 109.97 109.78 109.80 -0.17
Prev. Close Volume Bid Ask Time
109.79 2021-03-01 23:19:53
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