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Forex Trend Analysis Report

Prepared for you on Tuesday, December 18, 2018.

US Dollar/Kenyan Shilling (FOREX:USDKES)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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.

FOREX_USDKES
Open High Low USDKES Price Change
102.455 102.550 102.350 102.460 +0.005
Entry Signal

MarketClub’s Trade Triangles for USDKES

long term up The long term trend has been UP since Oct 26th, 2018 at 101.298

intermediate term up The intermediate term trend has been UP since Oct 24th, 2018 at 101.224

short term down The short term trend has been DOWN since Dec 16th, 2018 at 102.400

Smart Scan Analysis for USDKES

Based on a pre-defined weighted trend formula for chart analysis, USDKES scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for USDKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
102.455 102.550 102.350 102.460 +0.005
Prev. Close Volume Bid Ask Time
102.455 101.460 103.460 2018-12-18 21:45:36
Want to analyze US Dollar/Kenyan Shilling USDKES or another symbol? Try our Free Forex Trend Analysis Report.