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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Canadian Dollar/Kuwaiti Dinar (FOREX:CADKWD)

Long-Term Downtrend (-90) - CADKWD is in a strong downtrend that is likely to continue. While CADKWD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_CADKWD
Open High Low CADKWD Price Change
0.22655419 0.22662591 0.22601829 0.22660839 +0.00005400
Entry Signal

MarketClub’s Trade Triangles for CADKWD

long term down The long-term trend has been DOWN since Mar 5th, 2024 at 0.22617656

intermediate term down The intermediate-term trend has been DOWN since Jan 9th, 2024 at 0.22937836

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 0.22606075

Smart Scan Analysis for CADKWD

Based on our trend formula, CADKWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CADKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22655419 0.22662591 0.22601829 0.22660839 +0.00005400
Prev. Close Volume Bid Ask Time
0.22655419 2024-03-28 08:53:37
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