Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

US Dollar/Kenyan Shilling (FOREX:USDKES)

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 USDKES Price Change
100.953 101.060 100.784 100.890 -0.063
Entry Signal

MarketClub’s Trade Triangles for USDKES

long term down The long term trend has been DOWN since Jul 22nd, 2018 at 99.8815

intermediate term down The intermediate term trend has been DOWN since Oct 7th, 2018 at 100.6885

short term up The short term trend has been UP since Oct 16th, 2018 at 100.9625

Smart Scan Analysis for USDKES

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

Smart Scan Analysis for USDKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
100.953 101.060 100.784 100.890 -0.063
Prev. Close Volume Bid Ask Time
100.953 99.890 101.890 2018-10-16 13:43:34
Want to analyze US Dollar/Kenyan Shilling USDKES or another symbol? Try our Free Forex Trend Analysis Report.