Forex Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
Kenyan Shilling/Euro (FOREX:KESEUR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 KESEUR
The long term trend has been DOWN since Jan 2nd, 2018 at 0.008060
The intermediate term trend has been DOWN since Nov 15th, 2017 at 0.008150
The short term trend has been UP since Jan 18th, 2018 at 0.007955
Smart Scan Analysis for KESEUR
Based on a pre-defined weighted trend formula for chart analysis, KESEUR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).