Forex Trend Analysis Report
Prepared for you on Monday, July 6, 2020.
US Dollar/Kuwaiti Dinar (FOREX:USDKWD)
Weak Downtrend (-65) - USDKWD is showing signs of a strengthening downtrend. Monitor USDKWD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDKWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDKWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDKWD
The long-term trend has been UP since Feb 3rd, 2020 at 0.30416
The intermediate-term trend has been DOWN since May 4th, 2020 at 0.30860
The short-term trend has been DOWN since Jun 29th, 2020 at 0.30745
Smart Scan Analysis for USDKWD
Based on our trend formula, USDKWD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).