Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Kuwaiti Dinar/US Dollar (FOREX:KWDUSD)

Sidelines Mode (-55) - KWDUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_KWDUSD
Open High Low KWDUSD Price Change
3.2448463 3.2448463 3.2424833 3.2446785 -0.0001680
Entry Signal

MarketClub’s Trade Triangles for KWDUSD

long term down The long-term trend has been DOWN since Aug 21st, 2023 at 3.2468316

intermediate term down The intermediate-term trend has been DOWN since Dec 4th, 2023 at 3.2371140

short term up The short-term trend has been UP since Dec 6th, 2023 at 3.2392168

Smart Scan Analysis for KWDUSD

Based on our trend formula, KWDUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for KWDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.2448463 3.2448463 3.2424833 3.2446785 -0.0001680
Prev. Close Volume Bid Ask Time
3.2448463 2023-12-08 20:32:21
Get a free daily analysis and signals for Kuwaiti Dinar/US Dollar (KWDUSD) - Request Your Free Report.