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Forex Trend Analysis Report

Prepared for you on Thursday, July 16, 2020.

Canadian Dollar/Kuwaiti Dinar (FOREX:CADKWD)

Long-Term Uptrend (+90) - CADKWD is in a strong uptrend that is likely to continue. While CADKWD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

FOREX_CADKWD
Open High Low CADKWD Price Change
0.22788943 0.22790715 0.22690779 0.22715767 -0.00073200
Entry Signal

MarketClub’s Trade Triangles for CADKWD

long term up The long-term trend has been UP since Mar 24th, 2020 at 0.23412379

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 0.22269499

short term up The short-term trend has been UP since Jul 15th, 2020 at 0.22734877

Smart Scan Analysis for CADKWD

Based on our trend formula, CADKWD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CADKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22788943 0.22790715 0.22690779 0.22715767 -0.00073200
Prev. Close Volume Bid Ask Time
0.22788943 0.22678812 0.22752721 2020-07-16 09:42:36
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