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Forex Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

British Pound/Kenyan Shilling (FOREX:GBPKES)

Strong Downtrend (-100) - GBPKES is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.

FOREX_GBPKES
Open High Low GBPKES Price Change
149.92505 149.92505 149.92505 149.92505 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPKES

long term down The long-term trend has been DOWN since Apr 18th, 2021 at 148.67440

intermediate term down The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 151.76274

short term down The short-term trend has been DOWN since Mar 21st, 2021 at 152.11671

Smart Scan Analysis for GBPKES

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

-100
Smart Scan Analysis for GBPKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
149.92505 149.92505 149.92505 149.92505 0.00000
Prev. Close Volume Bid Ask Time
148.46716 2021-05-01 03:02:36
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