Forex Trend Analysis Report
Prepared for you on Wednesday, August 4, 2021.
United Arab Emirates Dirham/Kuwaiti Dinar (FOREX:AEDKWD)
Long-Term Downtrend (-90) - AEDKWD is in a strong downtrend that is likely to continue. While AEDKWD 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 AEDKWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AEDKWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AEDKWD
The long-term trend has been DOWN since Jul 8th, 2021 at 0.08193877
The intermediate-term trend has been DOWN since Jul 8th, 2021 at 0.08193877
The short-term trend has been DOWN since Jul 28th, 2021 at 0.08180770
Smart Scan Analysis for AEDKWD
Based on our trend formula, AEDKWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).