Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
British Pound/Kenyan Shilling (FOREX:GBPKES)
Long-Term Downtrend (-90) - GBPKES is in a strong downtrend that is likely to continue. While GBPKES is showing intraday strength, it remains in the confines of a bearish trend. 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 -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
162.67748 | 162.67748 | 162.67748 | 162.67748 | 0.00000 |
Prev. Close | Volume | Bid | Ask | Time |
164.81638 | 2024-04-21 15:40:05 |