kenyan shilling usd bearish baisthe kenyan shilling should be gaining against the usd due to factors like reduce in the monthly demand for dollars to purchase petroleum products , kenya has entered a deal with aramco to source the products using kenyan shillings , when initially we had to consolidate 500millon dollars per month fo
USDKES WHICH WAY?!120.00 is the recent peak exchange rate for the US dollar against the Kenyan Shilling. For years on end, the Kenyan shilling has devalued against the US dollar, The incessant bull run can be attributed to a number of factors: - First, the strength of the US dollar. Second, is the weakening shilling.
USDKES still looking BULLISHUSDKES has been uptrending since January 2020.
USDKES held that low of Ksh 106.60 created in December 2020.
we might see a push to the upside circa Ksh 110.12 and if breaks this resistance zone at KSh 110.12 it will push up towards the highs of December 2020 circa Ksh 111.54
USDKES moving sideways for months USDKES has been in a sideways movement since the high close of november 2020
it been ranging between 109.17 ksh to 110 ksh.
waiting for a break above to test that high wick of 111.52 ksh in december 2020.
our economy has taken a hit since corona virus disrupted businesses and jobs.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.