Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, December 6, 2024.
Kuwaiti Dinar/United Arab Emirates Dirham (FOREX:KWDAED)
Bear Market Rally (-75) - KWDAED is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KWDAED as it may be in the beginning 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.
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MarketClub’s Trade Triangles for KWDAED
The long-term trend has been DOWN since Nov 12th, 2024 at 11.936646
The intermediate-term trend has been DOWN since Nov 12th, 2024 at 11.955161
The short-term trend has been DOWN since Dec 4th, 2024 at 11.929371
Smart Scan Analysis for KWDAED
Based on our trend formula, KWDAED is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.961243 | 11.961570 | 11.941431 | 11.952913 | -0.008330 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.961243 | 2024-12-06 14:34:08 |