Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Kenyan Shilling/Swiss Franc (FOREX:KESCHF)
Long-Term Downtrend (-90) - KESCHF is in a strong downtrend that is likely to continue. While KESCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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 Oct 19th, 2021 at 0.8289185
The intermediate-term trend has been DOWN since Oct 13th, 2021 at 0.8348603
The short-term trend has been DOWN since Oct 19th, 2021 at 0.8306652
Smart Scan Analysis for KESCHF
Based on our trend formula, KESCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).