Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Kuwaiti Dinar/United Arab Emirates Dirham (FOREX:KWDAED)
Long-Term Downtrend (-90) - KWDAED is in a strong downtrend that is likely to continue. While KWDAED is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.
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 Jun 2nd, 2022 at 11.948586
The short-term trend has been DOWN since Jun 30th, 2022 at 11.959091
Smart Scan Analysis for KWDAED
Based on our trend formula, KWDAED is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).