Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Kuwaiti Dinar/British Pound (FOREX:KWDGBP)
Sidelines Mode (-55) - KWDGBP 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 KWDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for KWDGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KWDGBP
The long-term trend has been DOWN since Jul 27th, 2020 at 2.5422509
The intermediate-term trend has been DOWN since Dec 16th, 2020 at 2.4335316
The short-term trend has been UP since Mar 5th, 2021 at 2.3824776
Smart Scan Analysis for KWDGBP
Based on our trend formula, KWDGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).