Forex Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
Kenyan Shilling/Danish Krone (FOREX:KESDKK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for KESDKK
The long term trend has been UP since Apr 20th, 2018 at 0.06055
The intermediate term trend has been DOWN since Nov 15th, 2018 at 0.06370
The short term trend has been UP since Dec 12th, 2018 at 0.06425
Smart Scan Analysis for KESDKK
Based on a pre-defined weighted trend formula for chart analysis, KESDKK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).