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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Kenyan Shilling/Swedish Krona (FOREX:KESSEK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_KESSEK
Open High Low KESSEK Price Change
0.09135 0.09135 0.09100 0.09100 -0.00035
Entry Signal

MarketClub’s Trade Triangles for KESSEK

long term up The long term trend has been UP since Feb 4th, 2019 at 0.09020

intermediate term down The intermediate term trend has been DOWN since Mar 18th, 2019 at 0.09165

short term down The short term trend has been DOWN since Mar 13th, 2019 at 0.09335

Smart Scan Analysis for KESSEK

Based on a pre-defined weighted trend formula for chart analysis, KESSEK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for KESSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09135 0.09135 0.09100 0.09100 -0.00035
Prev. Close Volume Bid Ask Time
0.09135 0.08920 0.09280 2019-03-20 07:40:58
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