Forex Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
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.
MarketClub’s Trade Triangles for GBPKES
The long-term trend has been UP since Nov 24th, 2022 at 145.28725
The intermediate-term trend has been UP since Feb 28th, 2023 at 153.13551
The short-term trend has been UP since Feb 28th, 2023 at 152.48510
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).