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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.

FOREX_KWDGBP
Open High Low KWDGBP Price Change
2.6456451 2.6485477 2.6424462 2.6467283 +0.0010830
Entry Signal

MarketClub’s Trade Triangles for KWDGBP

long term down The long-term trend has been DOWN since Dec 1st, 2022 at 2.6792031

intermediate term down The intermediate-term trend has been DOWN since Jan 16th, 2023 at 2.6772784

short term up 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).

-75
Smart Scan Analysis for KWDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6456451 2.6485477 2.6424462 2.6467283 +0.0010830
Prev. Close Volume Bid Ask Time
2.6438650 2023-01-27 17:21:27
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