Forex Trend Analysis Report
Prepared for you on Wednesday, December 2, 2020.
British Pound/Kenyan Shilling (FOREX:GBPKES)
Strong Uptrend (+100) - GBPKES is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPKES continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for GBPKES
The long-term trend has been UP since Jun 10th, 2020 at 135.85949
The intermediate-term trend has been UP since Oct 5th, 2020 at 140.90740
The short-term trend has been UP since Nov 17th, 2020 at 144.57495
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).