Forex Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
US Dollar/Kuwaiti Dinar (FOREX:USDKWD)
Long-Term Uptrend (+90) - USDKWD is in a strong uptrend that is likely to continue. While USDKWD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 May 24th, 2023 at 0.30749
The intermediate-term trend has been UP since Sep 21st, 2023 at 0.30902
The short-term trend has been UP since Sep 21st, 2023 at 0.30898
Smart Scan Analysis for USDKWD
Based on our trend formula, USDKWD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).