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The first Attempt to Found Kuwait Technical Analysis Association was on November 2002 the, this attempt didn't succeeded due to the lack of technical analysis knowledge at this time. However, the last 2 years witnessed a massive demand on technical analysis reports, this results some unprofessional manors between the market participants. On October 2006 during the annual IFTA conference (in Switzerland this year), the IFTA Board voted to accept the Kuwait Technical Analysis Association as a Developing Society. This status means that KTAS enjoys all the benefits of Full Members of IFTA, except for voting rights. The Developing Society status is maintained for two years, after which you may apply for progression to Full Member status.
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