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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.

FOREX_GBPKWD
Open High Low GBPKWD Price Change
0.42476980 0.42601249 0.42471988 0.42493670 +0.00016700
Entry Signal

MarketClub’s Trade Triangles for GBPKWD

long term up The long-term trend has been UP since Jul 27th, 2020 at 0.39336215

intermediate term up The intermediate-term trend has been UP since Apr 19th, 2021 at 0.41998940

short term up 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).

+90
Smart Scan Analysis for GBPKWD
Strong Downtrend Sideways 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
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