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Forex Trend Analysis Report

Prepared for you on Friday, November 22, 2024.

Kuwaiti Dinar/United Arab Emirates Dirham (FOREX:KWDAED)

Strong Downtrend (-100) - KWDAED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KWDAED continues to fall. 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.

FOREX_KWDAED
Open High Low KWDAED Price Change
11.936863 11.951037 11.927392 11.932375 -0.004488
Entry Signal

MarketClub’s Trade Triangles for KWDAED

long term down The long-term trend has been DOWN since Nov 12th, 2024 at 11.936646

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2024 at 11.955161

short term down The short-term trend has been DOWN since Nov 22nd, 2024 at 11.932773

Smart Scan Analysis for KWDAED

Based on our trend formula, KWDAED is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for KWDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.936863 11.951037 11.927392 11.932375 -0.004488
Prev. Close Volume Bid Ask Time
11.936863 2024-11-22 07:14:46
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