Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Kuwaiti Dinar/US Dollar (FOREX:KWDUSD)
Sidelines Mode (-55) - KWDUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Sep 19th, 2021 at 3.3152678
The intermediate-term trend has been DOWN since Aug 19th, 2021 at 3.3217004
The short-term trend has been UP since Oct 19th, 2021 at 3.3163507
Smart Scan Analysis for KWDUSD
Based on our trend formula, KWDUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).