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Forex Trend Analysis Report
Prepared for you on Saturday, April 27, 2024.
British Pound/Kuwaiti Dinar (FOREX:GBPKWD)
Bear Market Rally (-75) - GBPKWD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPKWD as it may be in the beginning of a reversal.
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 Apr 10th, 2024 at 0.38555990
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.38903066
The short-term trend has been UP since Apr 25th, 2024 at 0.38404266
Smart Scan Analysis for GBPKWD
Based on our trend formula, GBPKWD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38523443 | 0.38523443 | 0.38423140 | 0.38423140 | -0.00100300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38523443 | 2024-04-27 06:35:40 |