Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

British Pound/Kuwaiti Dinar (FOREX:GBPKWD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_GBPKWD
Open High Low GBPKWD Price Change
0.385785 0.387045 0.385580 0.387045 +0.001260
Entry Signal

MarketClub’s Trade Triangles for GBPKWD

long term down The long term trend has been DOWN since May 2nd, 2018 at 0.412070

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2018 at 0.395380

short term down The short term trend has been DOWN since Jul 29th, 2018 at 0.396485

Smart Scan Analysis for GBPKWD

Based on a pre-defined weighted trend formula for chart analysis, GBPKWD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GBPKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.385785 0.387045 0.385580 0.387045 +0.001260
Prev. Close Volume Bid Ask Time
0.385785 0.385930 0.388160 2018-08-17 18:26:59
Want to analyze British Pound/Kuwaiti Dinar GBPKWD or another symbol? Try our Free Forex Trend Analysis Report.