Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Canadian Dollar/Kuwaiti Dinar (FOREX:CADKWD)
Crossroads (+60) - CADKWD 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 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.
MarketClub’s Trade Triangles for CADKWD
The long-term trend has been DOWN since Sep 5th, 2023 at 0.22624186
The intermediate-term trend has been UP since Nov 24th, 2023 at 0.22635918
The short-term trend has been UP since Dec 11th, 2023 at 0.22749088
Smart Scan Analysis for CADKWD
Based on our trend formula, CADKWD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).