Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Kuwaiti Dinar/United Arab Emirates Dirham (FOREX:KWDAED)
Countertrend Down (-85) - KWDAED is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Nov 12th, 2024 at 11.936646
The intermediate-term trend has been DOWN since Nov 12th, 2024 at 11.955161
The short-term trend has been UP since Nov 19th, 2024 at 11.954670
Smart Scan Analysis for KWDAED
Based on our trend formula, KWDAED is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.942544 | 11.943339 | 11.941757 | 11.941757 | -0.000787 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.942544 | 2024-11-21 05:01:20 |