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Forex Trend Analysis Report

Prepared for you on Sunday, May 26, 2024.

US Dollar/Kuwaiti Dinar (FOREX:USDKWD)

Countertrend Down (-85) - USDKWD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.30701 0.30701 0.30701 0.30701 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDKWD

long term down The long-term trend has been DOWN since May 20th, 2024 at 0.30692

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2024 at 0.30739

short term up The short-term trend has been UP since May 24th, 2024 at 0.30705

Smart Scan Analysis for USDKWD

Based on our trend formula, USDKWD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for USDKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.30701 0.30701 0.30701 0.30701 0.00000
Prev. Close Volume Bid Ask Time
0.30701 2024-05-26 08:46:23
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