Forex Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
Kenyan Shilling/Swiss Franc (FOREX:KESCHF)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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.
MarketClub’s Trade Triangles for KESCHF
The long term trend has been UP since Sep 21st, 2017 at 0.94385
The intermediate term trend has been UP since Dec 7th, 2017 at 0.96435
The short term trend has been DOWN since Dec 14th, 2017 at 0.95655
Smart Scan Analysis for KESCHF
Based on a pre-defined weighted trend formula for chart analysis, KESCHF scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).