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Forex Trend Analysis Report

Prepared for you on Thursday, March 21, 2019.

Kuwaiti Dinar/British Pound (FOREX:KWDGBP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_KWDGBP
Open High Low KWDGBP Price Change
2.48455 2.49750 2.48410 2.49080 +0.00625
Entry Signal

MarketClub’s Trade Triangles for KWDGBP

long term down The long term trend has been DOWN since Feb 26th, 2019 at 2.49590

intermediate term down The intermediate term trend has been DOWN since Feb 25th, 2019 at 2.51570

short term up The short term trend has been UP since Mar 18th, 2019 at 2.48845

Smart Scan Analysis for KWDGBP

Based on a pre-defined weighted trend formula for chart analysis, KWDGBP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for KWDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.48455 2.49750 2.48410 2.49080 +0.00625
Prev. Close Volume Bid Ask Time
2.48455 2.48360 2.49800 2019-03-20 22:57:30
Want to analyze Kuwaiti Dinar/British Pound KWDGBP or another symbol? Try our Free Forex Trend Analysis Report.