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Forex Trend Analysis Report

Prepared for you on Friday, September 21, 2018.

Kenyan Shilling/Norwegian Krone (FOREX:KESNOK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

FOREX_KESNOK
Open High Low KESNOK Price Change
0.08065 0.08090 0.08055 0.08075 +0.00010
Entry Signal

MarketClub’s Trade Triangles for KESNOK

long term up The long term trend has been UP since Apr 25th, 2018 at 0.0795

intermediate term down The intermediate term trend has been DOWN since Sep 12th, 2018 at 0.0824

short term down The short term trend has been DOWN since Sep 20th, 2018 at 0.0808

Smart Scan Analysis for KESNOK

Based on a pre-defined weighted trend formula for chart analysis, KESNOK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for KESNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08065 0.08090 0.08055 0.08075 +0.00010
Prev. Close Volume Bid Ask Time
0.08065 0.07940 0.08210 2018-09-21 13:42:45
Want to analyze Kenyan Shilling/Norwegian Krone KESNOK or another symbol? Try our Free Forex Trend Analysis Report.