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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

British Pound/Kenyan Shilling (FOREX:GBPKES)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.

FOREX_GBPKES
Open High Low GBPKES Price Change
131.075 131.690 130.700 131.600 +0.525
Entry Signal

MarketClub’s Trade Triangles for GBPKES

long term down The long term trend has been DOWN since Dec 10th, 2018 at 128.840

intermediate term up The intermediate term trend has been UP since Jan 11th, 2019 at 130.575

short term down The short term trend has been DOWN since Jan 21st, 2019 at 130.575

Smart Scan Analysis for GBPKES

Based on a pre-defined weighted trend formula for chart analysis, GBPKES scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for GBPKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
131.075 131.690 130.700 131.600 +0.525
Prev. Close Volume Bid Ask Time
131.075 129.320 133.880 2019-01-22 15:33:48
Want to analyze British Pound/Kenyan Shilling GBPKES or another symbol? Try our Free Forex Trend Analysis Report.