Forex Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
Kenyan Shilling/US Dollar (FOREX:KESUSD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 Nov 7th, 2019 at 0.00973100
The intermediate term trend has been UP since Oct 23rd, 2019 at 0.00966497
The short term trend has been UP since Feb 14th, 2020 at 0.00995064
Smart Scan Analysis for KESUSD
Based on a pre-defined weighted trend formula for chart analysis, KESUSD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).