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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Kuwaiti Dinar/United Arab Emirates Dirham (FOREX:KWDAED)

Bear Market Rally (-75) - KWDAED is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KWDAED as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid KWDAED?

MarketClub looks at technical strength and momentum to determine if the timing is right for KWDAED.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KWDAED
Open High Low KWDAED Price Change
11.928517 11.945412 11.911493 11.921606 -0.006911
Entry Signal

MarketClub’s Trade Triangles for KWDAED

long term down The long-term trend has been DOWN since Apr 4th, 2024 at 11.904363

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 11.925904

short term up The short-term trend has been UP since Apr 25th, 2024 at 11.938129

Smart Scan Analysis for KWDAED

Based on our trend formula, KWDAED is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for KWDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.928517 11.945412 11.911493 11.921606 -0.006911
Prev. Close Volume Bid Ask Time
11.928517 2024-04-26 12:27:35
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