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Forex Trend Analysis Report
Prepared for you on Wednesday, February 24, 2021.
British Pound/Kuwaiti Dinar (FOREX:GBPKWD)
Strong Uptrend (+100) - GBPKWD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPKWD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
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MarketClub’s Trade Triangles for GBPKWD
The long-term trend has been UP since Jul 27th, 2020 at 0.39336215
The intermediate-term trend has been UP since Dec 16th, 2020 at 0.41092840
The short-term trend has been UP since Feb 19th, 2021 at 0.42312430
Smart Scan Analysis for GBPKWD
Based on our trend formula, GBPKWD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.42835666 | 0.42917493 | 0.42659466 | 0.42802185 | -0.00033500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.42835666 | 2021-02-24 18:27:35 |