Forex Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
Kenyan Shilling/Swiss Franc (FOREX:KESCHF)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for KESCHF
The long term trend has been DOWN since Aug 28th, 2018 at 0.96740
The intermediate term trend has been UP since Sep 28th, 2018 at 0.97030
The short term trend has been UP since Oct 18th, 2018 at 0.98505
Smart Scan Analysis for KESCHF
Based on a pre-defined weighted trend formula for chart analysis, KESCHF scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).