Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
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.
MarketClub’s Trade Triangles for KWDAED
The long-term trend has been DOWN since Sep 30th, 2021 at 12.164562
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 12.196149
The short-term trend has been UP since Oct 19th, 2021 at 12.184480
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).