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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Kuwaiti Dinar (FOREX:GBPKWD)
Crossroads (-60) - GBPKWD is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since Oct 7th, 2024 at 0.40057890
The short-term trend has been DOWN since Nov 6th, 2024 at 0.39452527
Smart Scan Analysis for GBPKWD
Based on our trend formula, GBPKWD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.39014165 | 0.39020475 | 0.38996167 | 0.39020475 | +0.00006300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.39014165 | 2024-11-20 01:51:23 |