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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 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 Nov 19th, 2024 at 164.70943
The intermediate-term trend has been DOWN since Oct 22nd, 2024 at 169.84342
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 -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 163.62223 | 163.62223 | 163.62223 | 163.62223 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 163.99304 | 2024-11-19 07:25:20 |