Forex Trend Analysis Report
Prepared for you on Sunday, September 24, 2017.
Kenyan Shilling/US Dollar (FOREX:KESUSD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 KESUSD
The long term trend has been UP since Aug 31st, 2017 at 0.009715
The intermediate term trend has been UP since Aug 16th, 2017 at 0.009650
The short term trend has been DOWN since Sep 18th, 2017 at 0.009705
Smart Scan Analysis for KESUSD
Based on a pre-defined weighted trend formula for chart analysis, KESUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).