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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

British Pound/Kenyan Shilling (FOREX:GBPKES)

Countertrend Up (+85) - GBPKES is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
153.34894 153.34894 153.34894 153.34894 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPKES

long term up The long-term trend has been UP since Oct 15th, 2021 at 152.38342

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2021 at 151.51069

short term up The short-term trend has been UP since Oct 15th, 2021 at 151.51069

Smart Scan Analysis for GBPKES

Based on our trend formula, GBPKES is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
153.34894 153.34894 153.34894 153.34894 0.00000
Prev. Close Volume Bid Ask Time
153.34894 2021-10-19 07:16:42
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