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Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2019.

British Pound/Kenyan Shilling (FOREX:GBPKES)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPKES
Open High Low GBPKES Price Change
129.335 129.545 128.925 129.210 -0.125
Entry Signal

MarketClub’s Trade Triangles for GBPKES

long term down The long term trend has been DOWN since May 22nd, 2019 at 127.870

intermediate term down The intermediate term trend has been DOWN since Jul 17th, 2019 at 127.670

short term up The short term trend has been UP since Jul 19th, 2019 at 129.325

Smart Scan Analysis for GBPKES

Based on a pre-defined weighted trend formula for chart analysis, GBPKES scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for GBPKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
129.335 129.545 128.925 129.210 -0.125
Prev. Close Volume Bid Ask Time
129.505 126.980 131.440 2019-07-19 17:25:30
Want to analyze British Pound/Kenyan Shilling GBPKES or another symbol? Try our Free Forex Trend Analysis Report.