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Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

Euro/Kuwaiti Dinar (FOREX:EURKWD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURKWD
Open High Low EURKWD Price Change
0.34488 0.34735 0.34488 0.34696 +0.00208
Entry Signal

MarketClub’s Trade Triangles for EURKWD

long term down The long term trend has been DOWN since May 2nd, 2018 at 0.36350

intermediate term down The intermediate term trend has been DOWN since Oct 1st, 2018 at 0.35044

short term up The short term trend has been UP since Nov 15th, 2018 at 0.34484

Smart Scan Analysis for EURKWD

Based on a pre-defined weighted trend formula for chart analysis, EURKWD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for EURKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34488 0.34735 0.34488 0.34696 +0.00208
Prev. Close Volume Bid Ask Time
0.34488 0.34596 0.34796 2018-11-16 15:30:39
Want to analyze Euro/Kuwaiti Dinar EURKWD or another symbol? Try our Free Forex Trend Analysis Report.