Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

British Pound/Kuwaiti Dinar (FOREX:GBPKWD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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.

FOREX_GBPKWD
Open High Low GBPKWD Price Change
0.384310 0.384420 0.381450 0.382785 -0.001525
Entry Signal

MarketClub’s Trade Triangles for GBPKWD

long term down The long term trend has been DOWN since May 2nd, 2018 at 0.41207

intermediate term down The intermediate term trend has been DOWN since Oct 24th, 2018 at 0.39218

short term up The short term trend has been UP since Dec 4th, 2018 at 0.38938

Smart Scan Analysis for GBPKWD

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

-85
Smart Scan Analysis for GBPKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.384310 0.384420 0.381450 0.382785 -0.001525
Prev. Close Volume Bid Ask Time
0.384310 0.381670 0.383900 2018-12-14 17:45:28
Want to analyze British Pound/Kuwaiti Dinar GBPKWD or another symbol? Try our Free Forex Trend Analysis Report.