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Forex Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

British Pound/Kuwaiti Dinar (FOREX:GBPKWD)

Countertrend Up (+85) - GBPKWD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_GBPKWD
Open High Low GBPKWD Price Change
0.39942513 0.39964622 0.39942513 0.39964622 +0.00022100
Entry Signal

MarketClub’s Trade Triangles for GBPKWD

long term up The long-term trend has been UP since Jul 27th, 2020 at 0.39336215

intermediate term up The intermediate-term trend has been UP since Jul 9th, 2020 at 0.38987153

short term down The short-term trend has been DOWN since Aug 12th, 2020 at 0.39876329

Smart Scan Analysis for GBPKWD

Based on our trend formula, GBPKWD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for GBPKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.39942513 0.39964622 0.39942513 0.39964622 +0.00022100
Prev. Close Volume Bid Ask Time
0.39942513 0.39854063 0.40075180 2020-08-14 01:47:09
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