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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.

FOREX_KESCHF
Open High Low KESCHF Price Change
0.7884871 0.7961352 0.7884871 0.7941668 +0.0056800
Entry Signal

MarketClub’s Trade Triangles for KESCHF

long term down The long-term trend has been DOWN since Jul 29th, 2022 at 0.8010840

intermediate term down The intermediate-term trend has been DOWN since Jul 27th, 2022 at 0.8085794

short term up 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).

-85
Smart Scan Analysis for KESCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7884871 0.7961352 0.7884871 0.7941668 +0.0056800
Prev. Close Volume Bid Ask Time
0.7884871 2022-08-16 16:18:32
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