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Forex Trend Analysis Report

Prepared for you on Friday, March 23, 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 negative trend to resume. Downtrend 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
0.98305 0.98810 0.98045 0.98505 +0.00200
Entry Signal

MarketClub’s Trade Triangles for KESISK

long term down The long term trend has been DOWN since Nov 15th, 2017 at 0.99405

intermediate term down The intermediate term trend has been DOWN since Feb 26th, 2018 at 0.98500

short term up The short term trend has been UP since Mar 21st, 2018 at 0.98835

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
0.98305 0.98810 0.98045 0.98505 +0.00200
Prev. Close Volume Bid Ask Time
0.98305 0.98160 0.98850 2018-03-22 14:50:02
Want to analyze Kenyan Shilling/Icelandic Krona KESISK or another symbol? Try our Free Forex Trend Analysis Report.