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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
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.
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MarketClub’s Trade Triangles for KWDAED
The long-term trend has been UP since May 22nd, 2024 at 11.972508
The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 12.012222
The short-term trend has been UP since Oct 17th, 2024 at 11.992828
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.989080 | 11.999276 | 11.980350 | 11.988451 | -0.000629 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.989080 | 2024-10-25 17:09:45 |