Forex Trend Analysis Report
Prepared for you on Thursday, April 19, 2018.
Kenyan Shilling/US Dollar (FOREX:KESUSD)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Jan 15th, 2018 at 0.009720
The short term trend has been UP since Apr 9th, 2018 at 0.009900
Smart Scan Analysis for KESUSD
Based on a pre-defined weighted trend formula for chart analysis, KESUSD scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).