Forex Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
Kenyan Shilling/US Dollar (FOREX:KESUSD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 KESUSD
The long term trend has been UP since Aug 31st, 2017 at 0.009715
The intermediate term trend has been UP since Nov 21st, 2017 at 0.009670
The short term trend has been UP since Nov 21st, 2017 at 0.009660
Smart Scan Analysis for KESUSD
Based on a pre-defined weighted trend formula for chart analysis, KESUSD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).