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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.
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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 Jul 9th, 2020 at 0.38987153
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).
| 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 |