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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Kuwaiti Dinar/British Pound (FOREX:KWDGBP)

Crossroads (+60) - KWDGBP is struggling to move into a solid trend. Beware of choppy markets 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
2.5631958 2.5643788 2.5627813 2.5627813 -0.0004140
Entry Signal

MarketClub’s Trade Triangles for KWDGBP

long term down The long-term trend has been DOWN since Jul 11th, 2024 at 2.5387439

intermediate term up The intermediate-term trend has been UP since Oct 9th, 2024 at 2.4964090

short term up The short-term trend has been UP since Nov 6th, 2024 at 2.5347149

Smart Scan Analysis for KWDGBP

Based on our trend formula, KWDGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for KWDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5631958 2.5643788 2.5627813 2.5627813 -0.0004140
Prev. Close Volume Bid Ask Time
2.5631958 2024-11-20 01:51:23
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