Forex Trend Analysis Report
Prepared for you on Sunday, October 1, 2023.
Kuwaiti Dinar/US Dollar (FOREX:KWDUSD)
Countertrend Down (-85) - KWDUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid KWDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KWDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KWDUSD
The long-term trend has been DOWN since Aug 21st, 2023 at 3.2468316
The intermediate-term trend has been DOWN since Aug 17th, 2023 at 3.2475760
The short-term trend has been UP since Sep 29th, 2023 at 3.2359605
Smart Scan Analysis for KWDUSD
Based on our trend formula, KWDUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).