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.
MarketClub’s Trade Triangles for GBPKES
The long-term trend has been DOWN since Apr 18th, 2021 at 148.67440
The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 151.76274
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).