Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPKWD
The long-term trend has been DOWN since Nov 21st, 2024 at 0.38716101
The intermediate-term trend has been DOWN since Dec 19th, 2024 at 0.38543802
The short-term trend has been DOWN since Jan 8th, 2025 at 0.38237120
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.37597680 | 0.37888812 | 0.37597680 | 0.37888812 | +0.00291100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.37597680 | 2025-01-20 09:28:14 |