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.
MarketClub’s Trade Triangles for KWDGBP
The long term trend has been DOWN since Feb 26th, 2019 at 2.49590
The intermediate term trend has been DOWN since Feb 25th, 2019 at 2.51570
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).