Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
British Pound/Kuwaiti Dinar (FOREX:GBPKWD)
Long-Term Uptrend (+90) - GBPKWD is in a strong uptrend that is likely to continue. While GBPKWD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
|
|||||||||||||||
|
|||||||||||||||
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 Apr 19th, 2021 at 0.41998940
The short-term trend has been UP since Apr 18th, 2021 at 0.41719223
Smart Scan Analysis for GBPKWD
Based on our trend formula, GBPKWD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.42476980 | 0.42601249 | 0.42471988 | 0.42493670 | +0.00016700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.42476980 | 2021-05-11 23:50:16 |