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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Kuwaiti Dinar (FOREX:EURKWD)
Crossroads (+60) - EURKWD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURKWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURKWD.
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 EURKWD
The long-term trend has been DOWN since Apr 12th, 2024 at 0.32979
The intermediate-term trend has been UP since May 6th, 2024 at 0.33164
The short-term trend has been UP since May 3rd, 2024 at 0.33040
Smart Scan Analysis for EURKWD
Based on our trend formula, EURKWD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.33057 | 0.33060 | 0.33050 | 0.33050 | -0.00007 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.33057 | 2024-05-09 01:09:26 |