Forex Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
Kenyan Shilling/Euro (FOREX:KESEUR)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 KESEUR
The long term trend has been UP since Apr 20th, 2018 at 0.008135
The intermediate term trend has been DOWN since Nov 15th, 2018 at 0.008545
The short term trend has been UP since Dec 11th, 2018 at 0.008600
Smart Scan Analysis for KESEUR
Based on a pre-defined weighted trend formula for chart analysis, KESEUR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).