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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

US Dollar/Kenyan Shilling (FOREX:USDKES)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
102.095 102.110 101.805 101.945 -0.150
Entry Signal

MarketClub’s Trade Triangles for USDKES

long term up The long term trend has been UP since Jun 14th, 2019 at 101.67

intermediate term up The intermediate term trend has been UP since Jun 13th, 2019 at 101.52

short term up The short term trend has been UP since Jun 11th, 2019 at 101.32

Smart Scan Analysis for USDKES

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

+100
Smart Scan Analysis for USDKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
102.095 102.110 101.805 101.945 -0.150
Prev. Close Volume Bid Ask Time
102.095 100.160 103.730 2019-06-19 12:16:57
Want to analyze US Dollar/Kenyan Shilling USDKES or another symbol? Try our Free Forex Trend Analysis Report.