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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.

FOREX_GBPKWD
Open High Low GBPKWD Price Change
0.38464085 0.38469003 0.38451401 0.38469003 +0.00004900
Entry Signal

MarketClub’s Trade Triangles for GBPKWD

long term down The long-term trend has been DOWN since Mar 12th, 2020 at 0.39033466

intermediate term up The intermediate-term trend has been UP since Jun 1st, 2020 at 0.38413440

short term up 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).

+70
Smart Scan Analysis for GBPKWD
Strong Downtrend Sideways 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
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