Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 5, 2024.

British Pound/Kuwaiti Dinar (FOREX:GBPKWD)

Weak Downtrend (-65) - GBPKWD is showing signs of a strengthening downtrend. Monitor GBPKWD as it may be building momentum to the downside.

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.

FOREX_GBPKWD
Open High Low GBPKWD Price Change
0.39087122 0.39219042 0.39087122 0.39190395 +0.00103300
Entry Signal

MarketClub’s Trade Triangles for GBPKWD

long term down The long-term trend has been DOWN since Nov 21st, 2024 at 0.38716101

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2024 at 0.40057890

short term up The short-term trend has been UP since Nov 27th, 2024 at 0.38726635

Smart Scan Analysis for GBPKWD

Based on our trend formula, GBPKWD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for GBPKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.39087122 0.39219042 0.39087122 0.39190395 +0.00103300
Prev. Close Volume Bid Ask Time
0.39087122 2024-12-05 23:22:53
Get a free daily analysis and signals for British Pound/Kuwaiti Dinar (GBPKWD) - Request Your Free Report.