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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2023.

Canadian Dollar/Kuwaiti Dinar (FOREX:CADKWD)

Crossroads (+60) - CADKWD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_CADKWD
Open High Low CADKWD Price Change
0.22669112 0.22759508 0.22666030 0.22738898 +0.00069800
Entry Signal

MarketClub’s Trade Triangles for CADKWD

long term down The long-term trend has been DOWN since Sep 5th, 2023 at 0.22624186

intermediate term up The intermediate-term trend has been UP since Nov 24th, 2023 at 0.22635918

short term up The short-term trend has been UP since Dec 11th, 2023 at 0.22749088

Smart Scan Analysis for CADKWD

Based on our trend formula, CADKWD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CADKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22669112 0.22759508 0.22666030 0.22738898 +0.00069800
Prev. Close Volume Bid Ask Time
0.22669112 2023-12-11 14:41:08
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