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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.

FOREX_KWDUSD
Open High Low KWDUSD Price Change
3.2357293 3.2369758 3.2346005 3.2348206 -0.0009090
Entry Signal

MarketClub’s Trade Triangles for KWDUSD

long term down The long-term trend has been DOWN since Aug 21st, 2023 at 3.2468316

intermediate term down The intermediate-term trend has been DOWN since Aug 17th, 2023 at 3.2475760

short term up 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).

-85
Smart Scan Analysis for KWDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.2357293 3.2369758 3.2346005 3.2348206 -0.0009090
Prev. Close Volume Bid Ask Time
3.2341904 2023-09-29 16:52:15
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