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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

Kenyan Shilling/Icelandic Krona (FOREX:KESISK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low KESISK Price Change
1.08165 1.08970 1.08060 1.08930 +0.00765
Entry Signal

MarketClub’s Trade Triangles for KESISK

long term up The long term trend has been UP since May 2nd, 2018 at 1.01770

intermediate term up The intermediate term trend has been UP since Sep 6th, 2018 at 1.09385

short term down The short term trend has been DOWN since Sep 13th, 2018 at 1.10820

Smart Scan Analysis for KESISK

Based on a pre-defined weighted trend formula for chart analysis, KESISK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for KESISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.08165 1.08970 1.08060 1.08930 +0.00765
Prev. Close Volume Bid Ask Time
1.08165 1.06780 1.11080 2018-09-18 14:25:12
Want to analyze Kenyan Shilling/Icelandic Krona KESISK or another symbol? Try our Free Forex Trend Analysis Report.