Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Kenyan Shilling/Swiss Franc (FOREX:KESCHF)
Countertrend Down (-85) - KESCHF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid KESCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for KESCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KESCHF
The long-term trend has been DOWN since Jul 29th, 2022 at 0.8010840
The intermediate-term trend has been DOWN since Jul 27th, 2022 at 0.8085794
The short-term trend has been UP since Aug 15th, 2022 at 0.7924236
Smart Scan Analysis for KESCHF
Based on our trend formula, KESCHF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).