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Forex Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

US Dollar/Kuwaiti Dinar (FOREX:USDKWD)

Long-Term Downtrend (-90) - USDKWD is in a strong downtrend that is likely to continue. While USDKWD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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
0.30083 0.30105 0.30057 0.30100 +0.00017
Entry Signal

MarketClub’s Trade Triangles for USDKWD

long term down The long-term trend has been DOWN since Nov 30th, 2020 at 0.30512

intermediate term down The intermediate-term trend has been DOWN since Mar 16th, 2021 at 0.30195

short term down The short-term trend has been DOWN since Apr 2nd, 2021 at 0.30205

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).

-90
Smart Scan Analysis for USDKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.30083 0.30105 0.30057 0.30100 +0.00017
Prev. Close Volume Bid Ask Time
0.30088 2021-05-11 18:01:29
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