Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
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 DOWN since Nov 30th, 2020 at 0.30512
The intermediate-term trend has been DOWN since Nov 25th, 2020 at 0.30530
The short-term trend has been UP since Feb 26th, 2021 at 0.30273
Smart Scan Analysis for USDKWD
Based on our trend formula, USDKWD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).