Forex Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
Kenyan Shilling/Euro (FOREX:KESEUR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 Jul 9th, 2018 at 0.008430
The short term trend has been DOWN since Jul 16th, 2018 at 0.008489
Smart Scan Analysis for KESEUR
Based on a pre-defined weighted trend formula for chart analysis, KESEUR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).