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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Kuwaiti Dinar (FOREX:USDKWD)
Bear Market Rally (-75) - USDKWD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDKWD as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for USDKWD
The long-term trend has been DOWN since May 20th, 2024 at 0.306920
The intermediate-term trend has been UP since Jul 4th, 2024 at 0.306825
The short-term trend has been DOWN since Jul 25th, 2024 at 0.305620
Smart Scan Analysis for USDKWD
Based on our trend formula, USDKWD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.30583 | 0.30594 | 0.30573 | 0.30585 | +0.00002 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.30583 | 2024-07-26 10:15:48 |