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Forex Trend Analysis Report
Prepared for you on Tuesday, December 10, 2024.
Canadian Dollar/Kuwaiti Dinar (FOREX:CADKWD)
Strong Downtrend (-100) - CADKWD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CADKWD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CADKWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADKWD.
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 CADKWD
The long-term trend has been DOWN since Nov 1st, 2024 at 0.21938867
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 0.22353075
The short-term trend has been DOWN since Dec 6th, 2024 at 0.21828318
Smart Scan Analysis for CADKWD
Based on our trend formula, CADKWD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21677673 | 0.21727260 | 0.21666232 | 0.21702959 | +0.00025300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21677673 | 2024-12-10 16:05:18 |