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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.

FOREX_USDKWD
Open High Low USDKWD Price Change
0.30830 0.30841 0.30830 0.30836 +0.00006
Entry Signal

MarketClub’s Trade Triangles for USDKWD

long term up The long-term trend has been UP since Feb 3rd, 2020 at 0.30416

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2020 at 0.30860

short term down 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).

-60
Smart Scan Analysis for USDKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.30830 0.30841 0.30830 0.30836 +0.00006
Prev. Close Volume Bid Ask Time
0.30830 0.30812 0.30860 2020-05-29 13:12:37
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