Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Kuwaiti Dinar/US Dollar (FOREX:KWDUSD)
Bull Market Weakness (+75) - KWDUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KWDUSD as it may be in the beginning stages of a reversal.
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 Feb 3rd, 2020 at 3.2862890
The intermediate-term trend has been UP since May 8th, 2020 at 3.2454456
The short-term trend has been UP since May 26th, 2020 at 3.2397337
Smart Scan Analysis for KWDUSD
Based on our trend formula, KWDUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).