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.
MarketClub’s Trade Triangles for KWDGBP
The long-term trend has been DOWN since Jul 27th, 2020 at 2.5422509
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 2.3810312
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).