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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

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
4115.0000 4115.0000 4104.3787 4104.3787 -10.6213
Entry Signal

MarketClub’s Trade Triangles for USDKHR

long term down The long-term trend has been DOWN since Jun 18th, 2024 at 4030.7323

intermediate term down The intermediate-term trend has been DOWN since Jun 18th, 2024 at 4070.4494

short term down The short-term trend has been DOWN since Jul 11th, 2024 at 4109.7093

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
4115.0000 4115.0000 4104.3787 4104.3787 -10.6213
Prev. Close Volume Bid Ask Time
4115.0000 2024-07-17 21:06:56
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