Forex Trend Analysis Report
Prepared for you on Saturday, March 17, 2018.
British Pound/Kuwaiti Dinar (FOREX:GBPKWD)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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.
MarketClub’s Trade Triangles for GBPKWD
The long term trend has been UP since Apr 18th, 2017 at 0.387195
The intermediate term trend has been DOWN since Mar 1st, 2018 at 0.413985
The short term trend has been UP since Mar 6th, 2018 at 0.416085
Smart Scan Analysis for GBPKWD
Based on a pre-defined weighted trend formula for chart analysis, GBPKWD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).