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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.

FOREX_KWDAED
Open High Low KWDAED Price Change
11.961243 11.961570 11.941431 11.952913 -0.008330
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 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).

-80
Smart Scan Analysis for KWDAED
Strong Downtrend Sideways 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
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