Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Kuwaiti Dinar/US Dollar (FOREX:KWDUSD)
Crossroads (+60) - KWDUSD 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 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.
MarketClub’s Trade Triangles for KWDUSD
The long-term trend has been DOWN since Sep 19th, 2021 at 3.3152678
The intermediate-term trend has been UP since Jul 29th, 2022 at 3.2618108
The short-term trend has been UP since Aug 10th, 2022 at 3.2632800
Smart Scan Analysis for KWDUSD
Based on our trend formula, KWDUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).