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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Canadian Dollar/Kuwaiti Dinar (FOREX:CADKWD)

Weak Downtrend (-65) - CADKWD is showing signs of a strengthening downtrend. Monitor CADKWD as it may be building momentum to the downside.

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
0.22033066 0.22038096 0.22014578 0.22017022 -0.00016000
Entry Signal

MarketClub’s Trade Triangles for CADKWD

long term down The long-term trend has been DOWN since Nov 1st, 2024 at 0.21938867

intermediate term down The intermediate-term trend has been DOWN since Oct 9th, 2024 at 0.22353075

short term up The short-term trend has been UP since Nov 19th, 2024 at 0.21956304

Smart Scan Analysis for CADKWD

Based on our trend formula, CADKWD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CADKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22033066 0.22038096 0.22014578 0.22017022 -0.00016000
Prev. Close Volume Bid Ask Time
0.22033066 2024-11-20 03:42:11
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