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Forex Trend Analysis Report
Prepared for you on Monday, October 7, 2024.
Canadian Dollar/Kuwaiti Dinar (FOREX:CADKWD)
Sidelines Mode (+55) - CADKWD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for CADKWD
The long-term trend has been UP since Aug 23rd, 2024 at 0.22618693
The intermediate-term trend has been UP since Sep 24th, 2024 at 0.22678638
The short-term trend has been DOWN since Oct 4th, 2024 at 0.22560106
Smart Scan Analysis for CADKWD
Based on our trend formula, CADKWD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.22558766 | 0.22563827 | 0.22500643 | 0.22502460 | -0.00056300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.22558766 | 2024-10-07 10:59:11 |