Forex Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
Kuwaiti Dinar/British Pound (FOREX:KWDGBP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 KWDGBP
The long term trend has been UP since May 2nd, 2018 at 2.42675
The intermediate term trend has been DOWN since Jul 9th, 2018 at 2.48375
The short term trend has been UP since Jul 17th, 2018 at 2.50870
Smart Scan Analysis for KWDGBP
Based on a pre-defined weighted trend formula for chart analysis, KWDGBP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).