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Forex Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

British Pound/Kuwaiti Dinar (FOREX:GBPKWD)

Long-Term Downtrend (-90) - GBPKWD is in a strong downtrend that is likely to continue. While GBPKWD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.38952556 0.38952556 0.38952556 0.38952556 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GBPKWD

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 0.38555990

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2024 at 0.38842204

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 0.38990075

Smart Scan Analysis for GBPKWD

Based on our trend formula, GBPKWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38952556 0.38952556 0.38952556 0.38952556 0.00000000
Prev. Close Volume Bid Ask Time
0.38952556 2024-06-15 06:10:54
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