Forex Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
Kenyan Shilling/Euro (FOREX:KESEUR)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 KESEUR
The long term trend has been UP since Nov 6th, 2017 at 0.00833
The intermediate term trend has been DOWN since Nov 15th, 2017 at 0.00815
The short term trend has been DOWN since Nov 9th, 2017 at 0.00831
Smart Scan Analysis for KESEUR
Based on a pre-defined weighted trend formula for chart analysis, KESEUR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).