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Forex Trend Analysis Report

Prepared for you on Wednesday, November 6, 2024.

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.

FOREX_USDKWD
Open High Low USDKWD Price Change
0.30697 0.30697 0.30686 0.30688 -0.00009
Entry Signal

MarketClub’s Trade Triangles for USDKWD

long term up The long-term trend has been UP since Nov 6th, 2024 at 0.30676

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 0.30676

short term up The short-term trend has been UP since Nov 6th, 2024 at 0.30667

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
0.30697 0.30697 0.30686 0.30688 -0.00009
Prev. Close Volume Bid Ask Time
0.30697 2024-11-06 19:51:25
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