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Forex Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

US Dollar/ (FOREX:USDKGS)

Strong Downtrend (-100) - USDKGS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDKGS continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid USDKGS?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDKGS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDKGS
Open High Low USDKGS Price Change
87.9 87.9 87.9 87.9 0.0
Entry Signal

MarketClub’s Trade Triangles for USDKGS

long term down The long-term trend has been DOWN since Apr 11th, 2024 at 89.3169

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 89.4300

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 89.4708

Smart Scan Analysis for USDKGS

Based on our trend formula, USDKGS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for USDKGS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
87.9 87.9 87.9 87.9 0.0
Prev. Close Volume Bid Ask Time
87.9 87.9 87.9 2024-05-28 06:58:59
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