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Forex Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

Kuwaiti Dinar/British Pound (FOREX:KWDGBP)

Crossroads (-60) - KWDGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
2.5499735 2.5512143 2.5499031 2.5512143 +0.0012410
Entry Signal

MarketClub’s Trade Triangles for KWDGBP

long term up The long-term trend has been UP since Apr 10th, 2024 at 2.5936545

intermediate term down The intermediate-term trend has been DOWN since May 15th, 2024 at 2.5808641

short term down The short-term trend has been DOWN since May 27th, 2024 at 2.5559704

Smart Scan Analysis for KWDGBP

Based on our trend formula, KWDGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for KWDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5499735 2.5512143 2.5499031 2.5512143 +0.0012410
Prev. Close Volume Bid Ask Time
2.5499735 2024-05-28 01:44:18
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