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Forex Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

British Pound/Kenyan Shilling (FOREX:GBPKES)

Sidelines Mode (+55) - GBPKES is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
153.44916 153.44916 153.44916 153.44916 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPKES

long term up The long-term trend has been UP since Jan 10th, 2022 at 153.53092

intermediate term up The intermediate-term trend has been UP since Dec 22nd, 2021 at 150.22316

short term down The short-term trend has been DOWN since Jan 24th, 2022 at 153.91633

Smart Scan Analysis for GBPKES

Based on our trend formula, GBPKES is rated as a +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
153.44916 153.44916 153.44916 153.44916 0.00000
Prev. Close Volume Bid Ask Time
151.94784 2022-01-26 07:15:29
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