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Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

US Dollar/Cambodian Riel (FOREX:USDKHR)

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

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

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

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FOREX_USDKHR
Open High Low USDKHR Price Change
4116.5939 4118.0000 4116.5939 4118.0000 +1.4061
Entry Signal

MarketClub’s Trade Triangles for USDKHR

long term down The long-term trend has been DOWN since Sep 18th, 2023 at 4097.4721

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 4127.7943

short term down The short-term trend has been DOWN since Dec 4th, 2023 at 4119.5000

Smart Scan Analysis for USDKHR

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

-100
Smart Scan Analysis for USDKHR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4116.5939 4118.0000 4116.5939 4118.0000 +1.4061
Prev. Close Volume Bid Ask Time
4116.5939 2023-12-04 12:34:41
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