Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
US Dollar/Cambodian Riel (FOREX:USDKHR)
Countertrend Down (-85) - USDKHR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDKHR
The long-term trend has been DOWN since Jun 18th, 2024 at 4030.7323
The intermediate-term trend has been DOWN since Oct 16th, 2024 at 4060.0000
The short-term trend has been UP since Oct 22nd, 2024 at 4062.5000
Smart Scan Analysis for USDKHR
Based on our trend formula, USDKHR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4062.8218 | 4062.8218 | 4060.0000 | 4060.0000 | -2.8218 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4061.2701 | 2024-10-22 10:34:36 |