Forex Trend Analysis Report
Prepared for you on Tuesday, June 25, 2019.
Kenyan Shilling/Euro (FOREX:KESEUR)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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 KESEUR
The long term trend has been DOWN since Jun 21st, 2019 at 0.008660
The intermediate term trend has been DOWN since Jun 3rd, 2019 at 0.008791
The short term trend has been DOWN since Jun 19th, 2019 at 0.008726
Smart Scan Analysis for KESEUR
Based on a pre-defined weighted trend formula for chart analysis, KESEUR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).