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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.

FOREX_KWDGBP
Open High Low KWDGBP Price Change
2.3898205 2.3908854 2.3832975 2.3903866 +0.0005660
Entry Signal

MarketClub’s Trade Triangles for KWDGBP

long term down The long-term trend has been DOWN since Jul 27th, 2020 at 2.5422509

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2020 at 2.4335316

short term up 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).

-55
Smart Scan Analysis for KWDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3898205 2.3908854 2.3832975 2.3903866 +0.0005660
Prev. Close Volume Bid Ask Time
2.3898205 2021-03-08 19:52:38
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