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Forex Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

British Pound/Kenyan Shilling (FOREX:GBPKES)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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
131.255 132.160 131.255 132.160 +0.905
Entry Signal

MarketClub’s Trade Triangles for GBPKES

long term up The long term trend has been UP since Nov 7th, 2018 at 133.970

intermediate term up The intermediate term trend has been UP since Nov 6th, 2018 at 133.740

short term down The short term trend has been DOWN since Nov 18th, 2018 at 131.505

Smart Scan Analysis for GBPKES

Based on a pre-defined weighted trend formula for chart analysis, GBPKES scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for GBPKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
131.255 132.160 131.255 132.160 +0.905
Prev. Close Volume Bid Ask Time
131.255 129.910 134.410 2018-11-18 20:14:43
Want to analyze British Pound/Kenyan Shilling GBPKES or another symbol? Try our Free Forex Trend Analysis Report.