Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
British Pound/Kenyan Shilling (FOREX:GBPKES)
Strong Downtrend (-100) - GBPKES is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPKES continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for GBPKES
The long-term trend has been DOWN since Feb 16th, 2024 at 185.90374
The intermediate-term trend has been DOWN since Feb 14th, 2024 at 201.92162
The short-term trend has been DOWN since Mar 13th, 2024 at 182.78253
Smart Scan Analysis for GBPKES
Based on our trend formula, GBPKES is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
172.67255 | 172.99608 | 172.67255 | 172.87562 | +0.20307 |
Prev. Close | Volume | Bid | Ask | Time |
172.67255 | 2024-03-18 22:07:01 |