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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

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
151.76274 151.76274 151.76274 151.76274 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPKES

long term up The long-term trend has been UP since Jun 10th, 2020 at 135.85949

intermediate term up The intermediate-term trend has been UP since Feb 10th, 2021 at 151.28970

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 153.83289

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
151.76274 151.76274 151.76274 151.76274 0.00000
Prev. Close Volume Bid Ask Time
151.76274 2021-03-08 07:19:12
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