Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
US Dollar/Kuwaiti Dinar (FOREX:USDKWD)
Crossroads (-60) - USDKWD 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 USDKWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDKWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDKWD
The long-term trend has been UP since Feb 3rd, 2020 at 0.30416
The intermediate-term trend has been DOWN since May 4th, 2020 at 0.30860
The short-term trend has been DOWN since May 26th, 2020 at 0.30876
Smart Scan Analysis for USDKWD
Based on our trend formula, USDKWD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).