Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

British Pound/Kenyan Shilling (FOREX:GBPKES)

Weak Downtrend (-65) - GBPKES is showing signs of a strengthening downtrend. Monitor GBPKES as it may be building momentum to the downside.

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
167.46389 167.46389 167.46389 167.46389 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPKES

long term up The long-term trend has been UP since Sep 15th, 2024 at 169.32725

intermediate term down The intermediate-term trend has been DOWN since Oct 22nd, 2024 at 169.84342

short term down The short-term trend has been DOWN since Oct 4th, 2024 at 171.26747

Smart Scan Analysis for GBPKES

Based on our trend formula, GBPKES is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
167.46389 167.46389 167.46389 167.46389 0.00000
Prev. Close Volume Bid Ask Time
167.91783 2024-10-22 07:25:24
Get a free daily analysis and signals for British Pound/Kenyan Shilling (GBPKES) - Request Your Free Report.