Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, May 27, 2020.

British Pound/Kenyan Shilling (FOREX:GBPKES)

Sidelines Mode (-55) - GBPKES is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
131.92123 132.09036 130.74877 131.34348 -0.57775
Entry Signal

MarketClub’s Trade Triangles for GBPKES

long term down The long-term trend has been DOWN since Feb 4th, 2020 at 130.09799

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2020 at 131.03719

short term up The short-term trend has been UP since May 26th, 2020 at 130.94236

Smart Scan Analysis for GBPKES

Based on our trend formula, GBPKES is rated as a -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
131.92123 132.09036 130.74877 131.34348 -0.57775
Prev. Close Volume Bid Ask Time
131.92123 129.11770 133.56927 2020-05-27 21:02:39
Get a free daily analysis and signals for British Pound/Kenyan Shilling (GBPKES) - Request Your Free Report.