Forex Trend Analysis Report
Prepared for you on Thursday, June 1, 2023.
Kuwaiti Dinar/US Dollar (FOREX:KWDUSD)
Strong Downtrend (-100) - KWDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KWDUSD continues to fall. Traders should use caution and set stops.
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 Mar 7th, 2023 at 3.2535597
The intermediate-term trend has been DOWN since May 9th, 2023 at 3.2609567
The short-term trend has been DOWN since May 12th, 2023 at 3.2604632
Smart Scan Analysis for KWDUSD
Based on our trend formula, KWDUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).