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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

British Pound/Kenyan Shilling (FOREX:GBPKES)

Sidelines Mode (+50) - GBPKES is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPKES can gain momentum.

Is it time to buy, sell, or avoid GBPKES?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPKES.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPKES
Open High Low GBPKES Price Change
164.89026 164.89026 164.89026 164.89026 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPKES

long term down The long-term trend has been DOWN since Feb 16th, 2024 at 185.90374

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2024 at 163.46249

short term up The short-term trend has been UP since Apr 24th, 2024 at 162.67748

Smart Scan Analysis for GBPKES

Based on our trend formula, GBPKES is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GBPKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
164.89026 164.89026 164.89026 164.89026 0.00000
Prev. Close Volume Bid Ask Time
164.89026 2024-04-24 21:01:02
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