The reaction between FeCl3 Iron III chloride and KSCN Potassium thiocyanate is a double displacement reaction, also known as a metathesis reaction. In this reaction, the anions Cl- and SCN- will exchange places, resulting in the formation of new products.The balanced chemical equation for this reaction is:FeCl3 aq + 3 KSCN aq Fe SCN 3 aq + 3 KCl aq The products of this reaction are Fe SCN 3 Iron III thiocyanate and KCl Potassium chloride .