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Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Canadian Dollar/Kuwaiti Dinar (FOREX:CADKWD)
Strong Uptrend (+100) - CADKWD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADKWD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CADKWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADKWD.
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 CADKWD
The long-term trend has been UP since Mar 24th, 2020 at 0.23412379
The intermediate-term trend has been UP since May 26th, 2020 at 0.22269499
The short-term trend has been UP since May 26th, 2020 at 0.22154751
Smart Scan Analysis for CADKWD
Based on our trend formula, CADKWD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.22721826 | 0.22773650 | 0.22721826 | 0.22771648 | +0.00049800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.22721826 | 0.22734697 | 0.22808599 | 2020-06-02 02:11:39 |