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Forex Trend Analysis Report
Prepared for you on Monday, December 30, 2024.
British Pound/Kuwaiti Dinar (FOREX:GBPKWD)
Countertrend Down (-85) - GBPKWD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Nov 21st, 2024 at 0.38716101
The intermediate-term trend has been DOWN since Dec 19th, 2024 at 0.38543802
The short-term trend has been UP since Dec 25th, 2024 at 0.38791491
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38780338 | 0.38811965 | 0.38712829 | 0.38801707 | +0.00021400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38780338 | 2024-12-30 08:07:55 |