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Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Kuwaiti Dinar/Euro (FOREX:KWDEUR)
Weak Downtrend (-65) - KWDEUR is showing signs of a strengthening downtrend. Monitor KWDEUR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid KWDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for KWDEUR.
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 KWDEUR
The long-term trend has been UP since Apr 12th, 2024 at 3.0322605
The intermediate-term trend has been DOWN since May 6th, 2024 at 3.0214495
The short-term trend has been DOWN since May 3rd, 2024 at 3.0266621
Smart Scan Analysis for KWDEUR
Based on our trend formula, KWDEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.0285871 | 3.0285871 | 3.0242822 | 3.0252886 | -0.0032990 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.0285871 | 2024-05-08 23:43:43 |