Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
British Pound/Kuwaiti Dinar (FOREX:GBPKWD)
Bull Market Weakness (+75) - GBPKWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPKWD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for GBPKWD
The long-term trend has been UP since Jul 27th, 2020 at 0.39336215
The intermediate-term trend has been UP since Dec 16th, 2020 at 0.41092840
The short-term trend has been DOWN since Feb 25th, 2021 at 0.42371313
Smart Scan Analysis for GBPKWD
Based on our trend formula, GBPKWD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).