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Forex Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

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

Bull Market Weakness (+75) - KWDAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on KWDAED as it may be in the beginning stages of a reversal.

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
12.014473 12.017082 12.009990 12.012850 -0.001623
Entry Signal

MarketClub’s Trade Triangles for KWDAED

long term up The long-term trend has been UP since May 22nd, 2024 at 11.972508

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 11.951411

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 12.010587

Smart Scan Analysis for KWDAED

Based on our trend formula, KWDAED is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for KWDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.014473 12.017082 12.009990 12.012850 -0.001623
Prev. Close Volume Bid Ask Time
12.013753 2024-07-23 22:57:37
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