Forex Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
Canadian Dollar/Kuwaiti Dinar (FOREX:CADKWD)
Countertrend Up (+85) - CADKWD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CADKWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADKWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CADKWD
The long-term trend has been UP since Feb 23rd, 2021 at 0.24063349
The intermediate-term trend has been UP since Apr 25th, 2021 at 0.24173504
The short-term trend has been DOWN since May 12th, 2021 at 0.24806425
Smart Scan Analysis for CADKWD
Based on our trend formula, CADKWD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).