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.
MarketClub’s Trade Triangles for GBPKWD
The long-term trend has been DOWN since Jul 19th, 2021 at 0.41287554
The intermediate-term trend has been UP since Oct 18th, 2021 at 0.41534206
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).