Forex Trend Analysis Report
Prepared for you on Wednesday, August 22, 2018.
Kenyan Shilling/Danish Krone (FOREX:KESDKK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 UP since Aug 2nd, 2018 at 0.06390
The short term trend has been DOWN since Aug 20th, 2018 at 0.06475
Smart Scan Analysis for KESDKK
Based on a pre-defined weighted trend formula for chart analysis, KESDKK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).