Forex Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
Kenyan Shilling/Swiss Franc (FOREX:KESCHF)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 Jan 2nd, 2018 at 0.93710
The intermediate term trend has been UP since Mar 6th, 2018 at 0.93575
The short term trend has been UP since Feb 27th, 2018 at 0.92615
Smart Scan Analysis for KESCHF
Based on a pre-defined weighted trend formula for chart analysis, KESCHF scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).