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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Kuwaiti Dinar (FOREX:GBPKWD)
Sidelines Mode (+55) - GBPKWD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPKWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPKWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPKWD
The long-term trend has been UP since Jul 11th, 2024 at 0.39432456
The intermediate-term trend has been UP since Jul 8th, 2024 at 0.39241928
The short-term trend has been DOWN since Jul 18th, 2024 at 0.39587028
Smart Scan Analysis for GBPKWD
Based on our trend formula, GBPKWD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.39346243 | 0.39355450 | 0.39317089 | 0.39317089 | -0.00029200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.39346243 | 2024-07-26 10:37:33 |