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Forex Trend Analysis Report

Prepared for you on Tuesday, November 29, 2022.

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

Sidelines Mode (-55) - KWDAED 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 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
11.941210 11.956481 11.923945 11.940981 -0.000229
Entry Signal

MarketClub’s Trade Triangles for KWDAED

long term down The long-term trend has been DOWN since Nov 6th, 2022 at 11.784629

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2022 at 11.784629

short term up The short-term trend has been UP since Nov 23rd, 2022 at 11.950599

Smart Scan Analysis for KWDAED

Based on our trend formula, KWDAED is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for KWDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.941210 11.956481 11.923945 11.940981 -0.000229
Prev. Close Volume Bid Ask Time
11.941210 2022-11-29 05:47:56
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