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Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Kuwaiti Dinar/United Arab Emirates Dirham (FOREX:KWDAED)
Crossroads (+60) - KWDAED 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 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 Feb 3rd, 2020 at 12.068244
The intermediate-term trend has been UP since May 19th, 2020 at 11.902620
The short-term trend has been UP since May 26th, 2020 at 11.901647
Smart Scan Analysis for KWDAED
Based on our trend formula, KWDAED is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.921933 | 11.925174 | 11.916135 | 11.921015 | -0.000918 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.921933 | 11.913728 | 11.928301 | 2020-06-02 02:13:34 |