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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

British Pound/Kenyan Shilling (FOREX:GBPKES)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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
133.235 133.625 133.235 133.625 +0.390
Entry Signal

MarketClub’s Trade Triangles for GBPKES

long term down The long term trend has been DOWN since Apr 27th, 2018 at 138.82415

intermediate term up The intermediate term trend has been UP since Jul 9th, 2018 at 134.42000

short term up The short term trend has been UP since Jul 16th, 2018 at 133.58000

Smart Scan Analysis for GBPKES

Based on a pre-defined weighted trend formula for chart analysis, GBPKES scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for GBPKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
133.235 133.625 133.235 133.625 +0.390
Prev. Close Volume Bid Ask Time
133.235 131.360 135.890 2018-07-16 04:26:27
Want to analyze British Pound/Kenyan Shilling GBPKES or another symbol? Try our Free Forex Trend Analysis Report.