Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
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.
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MarketClub’s Trade Triangles for GBPKWD
The long-term trend has been DOWN since Mar 12th, 2020 at 0.39033466
The intermediate-term trend has been UP since Jun 1st, 2020 at 0.38413440
The short-term trend has been UP since May 26th, 2020 at 0.37795891
Smart Scan Analysis for GBPKWD
Based on our trend formula, GBPKWD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38464085 | 0.38469003 | 0.38451401 | 0.38469003 | +0.00004900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38464085 | 0.38356825 | 0.38581180 | 2020-06-02 01:08:12 |