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Forex Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

Kuwaiti Dinar/United Arab Emirates Dirham (FOREX:KWDAED)

Sidelines Mode (-55) - KWDAED 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 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.

FOREX_KWDAED
Open High Low KWDAED Price Change
11.901391 11.919140 11.901391 11.917623 +0.016232
Entry Signal

MarketClub’s Trade Triangles for KWDAED

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 11.942116

intermediate term down The intermediate-term trend has been DOWN since Dec 1st, 2023 at 11.883376

short term up The short-term trend has been UP since Dec 6th, 2023 at 11.904436

Smart Scan Analysis for KWDAED

Based on our trend formula, KWDAED is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for KWDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.901391 11.919140 11.901391 11.917623 +0.016232
Prev. Close Volume Bid Ask Time
11.901391 2023-12-07 14:59:59
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