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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

Kenyan Shilling/Danish Krone (FOREX:KESDKK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_KESDKK
Open High Low KESDKK Price Change
0.06415 0.06440 0.06415 0.06440 +0.00025
Entry Signal

MarketClub’s Trade Triangles for KESDKK

long term up The long term trend has been UP since Apr 20th, 2018 at 0.06055

intermediate term up The intermediate term trend has been UP since Oct 2nd, 2018 at 0.06400

short term up The short term trend has been UP since Oct 17th, 2018 at 0.06405

Smart Scan Analysis for KESDKK

Based on a pre-defined weighted trend formula for chart analysis, KESDKK scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for KESDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06415 0.06440 0.06415 0.06440 +0.00025
Prev. Close Volume Bid Ask Time
0.06415 0.06380 0.06500 2018-10-22 14:45:02
Want to analyze Kenyan Shilling/Danish Krone KESDKK or another symbol? Try our Free Forex Trend Analysis Report.