Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

US Dollar/Kenyan Shilling (FOREX:USDKES)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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
100.1460 100.2045 100.0850 100.1125 -0.0335
Entry Signal

MarketClub’s Trade Triangles for USDKES

long term down The long term trend has been DOWN since Jan 27th, 2019 at 100.578

intermediate term down The intermediate term trend has been DOWN since Dec 19th, 2018 at 102.084

short term up The short term trend has been UP since Feb 19th, 2019 at 100.310

Smart Scan Analysis for USDKES

Based on a pre-defined weighted trend formula for chart analysis, USDKES scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for USDKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
100.1460 100.2045 100.0850 100.1125 -0.0335
Prev. Close Volume Bid Ask Time
100.1460 98.3450 101.8800 2019-02-22 18:08:45
Want to analyze US Dollar/Kenyan Shilling USDKES or another symbol? Try our Free Forex Trend Analysis Report.