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Forex Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

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.

Open High Low USDKHR Price Change
4054 4054 4054 4054 0
Entry Signal

MarketClub’s Trade Triangles for USDKHR

long term down The long-term trend has been DOWN since Feb 19th, 2023 at 4064.7068

intermediate term down The intermediate-term trend has been DOWN since Jan 16th, 2023 at 4112.7437

short term up The short-term trend has been UP since Mar 15th, 2023 at 4050.0000

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).

Smart Scan Analysis for USDKHR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4054 4054 4054 4054 0
Prev. Close Volume Bid Ask Time
3999 2023-03-16 11:23:04
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