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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Kuwaiti Dinar/US Dollar (FOREX:KWDUSD)
Countertrend Up (+85) - KWDUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid KWDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KWDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for KWDUSD
The long-term trend has been UP since May 5th, 2024 at 3.2631703
The intermediate-term trend has been UP since May 3rd, 2024 at 3.2533461
The short-term trend has been DOWN since May 8th, 2024 at 3.2518945
Smart Scan Analysis for KWDUSD
Based on our trend formula, KWDUSD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.2512776 | 3.2514367 | 3.2512474 | 3.2514367 | +0.0001590 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.2512776 | 2024-05-09 01:09:26 |