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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

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.

FOREX_GBPKWD
Open High Low GBPKWD Price Change
0.41457767 0.41501376 0.41442017 0.41491355 +0.00033600
Entry Signal

MarketClub’s Trade Triangles for GBPKWD

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 0.41287554

intermediate term up The intermediate-term trend has been UP since Oct 18th, 2021 at 0.41534206

short term down The short-term trend has been DOWN since Oct 27th, 2021 at 0.41414494

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).

+55
Smart Scan Analysis for GBPKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.41457767 0.41501376 0.41442017 0.41491355 +0.00033600
Prev. Close Volume Bid Ask Time
0.41457767 2021-10-28 08:08:13
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