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Forex Trend Analysis Report

Prepared for you on Saturday, March 23, 2019.

British Pound/Kenyan Shilling (FOREX:GBPKES)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

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.

Open High Low GBPKES Price Change
132.440 133.110 131.805 133.110 +0.670
Entry Signal

MarketClub’s Trade Triangles for GBPKES

long term up The long term trend has been UP since Mar 13th, 2019 at 133.535

intermediate term up The intermediate term trend has been UP since Feb 25th, 2019 at 131.385

short term down The short term trend has been DOWN since Mar 20th, 2019 at 132.525

Smart Scan Analysis for GBPKES

Based on a pre-defined weighted trend formula for chart analysis, GBPKES scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
132.440 133.110 131.805 133.110 +0.670
Prev. Close Volume Bid Ask Time
132.440 130.770 135.450 2019-03-22 18:27:06
Want to analyze British Pound/Kenyan Shilling GBPKES or another symbol? Try our Free Forex Trend Analysis Report.