Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

Kuwaiti Dinar/British Pound (FOREX:KWDGBP)

Countertrend Down (-85) - KWDGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
2.3513257 2.3522013 2.3502010 2.3502010 -0.0011250
Entry Signal

MarketClub’s Trade Triangles for KWDGBP

long term down The long-term trend has been DOWN since Jul 27th, 2020 at 2.5422509

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2021 at 2.3810312

short term up The short-term trend has been UP since Apr 16th, 2021 at 2.4131949

Smart Scan Analysis for KWDGBP

Based on our trend formula, KWDGBP is rated as a -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
2.3513257 2.3522013 2.3502010 2.3502010 -0.0011250
Prev. Close Volume Bid Ask Time
2.3513257 2021-05-12 06:13:32
Get a free daily analysis and signals for Kuwaiti Dinar/British Pound (KWDGBP) - Request Your Free Report.