Forex Trend Analysis Report
Prepared for you on Sunday, January 29, 2023.
Kuwaiti Dinar/British Pound (FOREX:KWDGBP)
Bear Market Rally (-75) - KWDGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KWDGBP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid KWDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for KWDGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KWDGBP
The long-term trend has been DOWN since Dec 1st, 2022 at 2.6792031
The intermediate-term trend has been DOWN since Jan 16th, 2023 at 2.6772784
The short-term trend has been UP since Jan 24th, 2023 at 2.6568521
Smart Scan Analysis for KWDGBP
Based on our trend formula, KWDGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).