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.
MarketClub’s Trade Triangles for KESISK
The long term trend has been UP since May 2nd, 2018 at 1.01770
The intermediate term trend has been UP since Sep 6th, 2018 at 1.09385
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).