Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
Kuwaiti Dinar/United Arab Emirates Dirham (FOREX:KWDAED)
Bull Market Weakness (+75) - KWDAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KWDAED as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for KWDAED
The long-term trend has been DOWN since Apr 4th, 2024 at 11.904363
The intermediate-term trend has been UP since May 3rd, 2024 at 11.951411
The short-term trend has been UP since May 3rd, 2024 at 11.946231
Smart Scan Analysis for KWDAED
Based on our trend formula, KWDAED is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.935630 | 11.969272 | 11.935630 | 11.945191 | +0.009561 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.935630 | 2024-05-03 16:06:46 |