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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

British Pound/Kenyan Shilling (FOREX:GBPKES)

Bull Market Weakness (+75) - GBPKES is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPKES as it may be in the beginning stages of a reversal.

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
166.12747 166.12747 166.12747 166.12747 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPKES

long term down The long-term trend has been DOWN since Feb 16th, 2024 at 185.90374

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 165.20404

short term up The short-term trend has been UP since Jul 11th, 2024 at 165.20404

Smart Scan Analysis for GBPKES

Based on our trend formula, GBPKES is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
166.12747 166.12747 166.12747 166.12747 0.00000
Prev. Close Volume Bid Ask Time
166.30220 2024-07-22 21:06:21
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