Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

US Dollar/Kuwaiti Dinar (FOREX:USDKWD)

Sidelines Mode (+55) - USDKWD 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 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.

FOREX_USDKWD
Open High Low USDKWD Price Change
0.30148 0.30150 0.30135 0.30135 -0.00013
Entry Signal

MarketClub’s Trade Triangles for USDKWD

long term up The long-term trend has been UP since Sep 28th, 2021 at 0.30146

intermediate term up The intermediate-term trend has been UP since Aug 19th, 2021 at 0.30104

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 0.30150

Smart Scan Analysis for USDKWD

Based on our trend formula, USDKWD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.30148 0.30150 0.30135 0.30135 -0.00013
Prev. Close Volume Bid Ask Time
0.30148 2021-10-22 11:48:08
Get a free daily analysis and signals for US Dollar/Kuwaiti Dinar (USDKWD) - Request Your Free Report.