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Forex Trend Analysis Report
Prepared for you on Sunday, November 24, 2024.
Canadian Dollar/Kuwaiti Dinar (FOREX:CADKWD)
Sidelines Mode (-55) - CADKWD 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 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 UP since Nov 19th, 2024 at 0.21956304
Smart Scan Analysis for CADKWD
Based on our trend formula, CADKWD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21938357 | 0.22026258 | 0.21938357 | 0.22026258 | +0.00087900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21938357 | 2024-11-24 13:23:04 |