Forex Trend Analysis Report
Prepared for you on Tuesday, January 28, 2020.
Kuwaiti Dinar/British Pound (FOREX:KWDGBP)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for KWDGBP
The long term trend has been DOWN since Oct 16th, 2019 at 2.5999500
The intermediate term trend has been DOWN since Nov 18th, 2019 at 2.5395462
The short term trend has been UP since Jan 27th, 2020 at 2.5205430
Smart Scan Analysis for KWDGBP
Based on a pre-defined weighted trend formula for chart analysis, KWDGBP scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).